UNDER CONTRACT - Est Wellness Centre | Lower North Shore, Sydney

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Sydney 2000 Sydney, New South Wales, Australia

4 2330
$345,000
NSW08197
7 months ago

Est 2014 in this location, the osteo owner transitioned her pts from over the last 17 yrs into this North Shore location. With 3 osteopaths, 3 Chinese traditional medicine & herbalist practitioners, 2 massage therapists & 2 reception staff working here, this practice is renowned for women’s health acupuncture for pregnancy & IVF support. Vendor is working less at this business (now just 5 hrs/wk), thereby freeing up space for the incoming buyer and/or for current practitioners to schedule more sessions here. Ultimately, it's a good thing that the business is less reliant on the vendor at sale time! There is still upside for a buyer to increase revenue & performance by increasing room usage.

While the pandemic caused some variation in operating trends, the business has been steadily & predictably profitable every year of operation. Currently all 4x beautifully appointed tx rms are fully utilized. Whilst the clinic is 9 yrs old, the database is effectively 20+ yrs old. Pt demographics are a mix of acute & chronic pain pts, sports injuries, IVF & pregnancy pts. All systems & processes are set up + in place w/in this clinic which is ideally located close to the RNS Hospital precinct.  

The space: The fit-out is all top quality, within the floor space of 78 m2 w/ rent being $2,500/12 or $30K pa. Included in this rent is use of the on-site gym for all of the staff & consultants at the practice. The business has very strong brand recognition & comes w/ a pt database exceeding 5000, uses a modern PMS (Cliniko), which is paperless; & modern marketing methods which are simple to operate. 

The new owner: If the buyer is an osteo that is wanting to practice within the business; this would be an ideal solution! Alternatively, if the new owner wanted to play a role in the practice it could be that of front office/PM. Knowledge of Xero would be advantageous.

Initial meetings will be scheduled online & an in-person site visit make take place before 10am Mon mornings (commencing 9th Oct 23 or on a Sun if mutually convenient. Offers encouraged by motivated vendor

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