THREE HIGHLY PROFITABLE & GROWING MEDICAL WEIGHT LOSS CLINICS, PART OF AN AWARD-WINNING NATIONAL FRANCHISE SYSTEM
(Medical & Pharmaceutical, Weight Loss)
Fairfield, CT
Listed Price: $ 4,395,000
Listing ID: CCT8881207
Listing DetailsGross Revenue: $ 3,550,222
Cash Flow: $ 1,117,804
FFE: $ 75,000 (Included in Price)
Inventory: $ 10,000 (Included in Price)
Form of Ownership: LLC
Reason for Sale:
Owner has other business interests and cannot appropriately focus on these weight loss clinics.
Training & Support:
Full support and training included in the sale
Listing SummaryBusiness Description:
The business is a medical weight loss system developed by physicians, registered dietitians, and health professionals and covered by most medical insurance to help control the patient’s calorie and carbohydrate intake while eating the optimum amount of protein to preserve muscle mass.
The system is a nationally recognized evidence-based program which will result in a successful lifestyle change. When administering the treatment, the clinics healthcare providers take each patient’s unique health profile into account to optimize their weight loss goals. The system has a 90% success rate for patients to achieve significant weight loss.
Historical Summary:
The owner has opened and currently operates three franchisee clinics within the system. The first of the three opened in 2014. The award winning franchisor system was established in 2006.
The clinics cater to both corporate and individual clients. With 90% of the weight loss program’s cost typically covered by the patient’s medical insurance.
The average patient completes the program in 10 weeks with many staying on for monthly maintenance visits. The program also offers additional revenue opportunities with supplement product sales as an additional growth area.
This program is not a quick fix but a lifestyle change. The program teaches a balanced approach of education, appetite management and exercise activity to maximize weight loss.
Owner Qualifications:
General business knowledge and the owner does not need to have a medical background.
Competition:
Limited
Potential Growth:
Almost unlimited growth opportunities.
Financing/Terms:
Flexible financing terms.
LocationOption: Yes
Monthly Rent: $ 13,300
Square Footage: 5700
Type of Location: Office Building
Facilities:
Each of the 3 clinics is between 1,800sf and 2,000sf square feet and the combined leased space totals 5,700sf. The monthly rent for each location is $3,100, $3,200 and $7,000 which totals $13,300 per month for all locations combined.
The clinics are located in Office Park settings. The leases are assignable and the businesses are relocatable within the franchised territory.
OperationYear Established: 2014
Days & Hours of Operation: Mon-Fri 9 AM - 6 PM Sat 9 AM - 1 PM
Owner Hours: Flexible
Employees: 13
Managers: 2
Absentee Owner: Yes