Location: King County, Washington – Retirement Sale
About the Clinic:
Are you a licensed acupuncturist looking to own or expand your practice? This is a rare opportunity to acquire a highly successful and well-established Acupuncture and Herbal Medicine Clinic.
Why This Clinic?
- Profitable with Low Overhead: The clinic operates with a highly automated management system, generating nearly $1 million in discretionary cash flow with minimal staff.
- Strong Reputation & Clientele: With over 600 bookings monthly, a 5-star Yelp rating, and a 4.7-star Google rating, the clinic attracts a diverse and loyal patient base locally and internationally.
- Room for Growth: Current hours are limited to three full days and two half-days per week. Expanding operating hours would easily boost both revenue and profitability.
- Comprehensive Services: Offers a variety of services including acupuncture, Chinese herbal medicine, cupping, Tuina, pulse diagnosis, and nutritional therapy, ensuring diversified revenue streams.
- Prime Location: Situated in a bustling area near MultiCare, UW Medical Center, and major grocery stores, providing high visibility and frequent patient referrals.
Smooth Transition:
The retiring owner is fully committed to the success of the new owner and is willing to offer up to two years of employment or consulting services to ensure a seamless transition, ensuring continued stability and minimal disruption for loyal patients.
Flexible Terms:
We are open to negotiating performance and financial details during the transition, which will be included in the Letter of Intent (LOI). If the terms do not align with expectations, there’s no obligation to proceed.
Why Invest?
This clinic offers a profitable, reputable practice in a growing market, with significant potential for expansion. A qualified buyer may be able to acquire the business with an SBA loan, potentially with no down payment.
Sale Price: $1,549,000
Adjusted Cash Flow (EBITA):
- 2021: $813,000
- 2022: $920,000
- 2023: $971,000
Please feel free to contact me for more details at grace@ibainc.com or call (425) 454-3052 (Office) / (206) 657-7740 (Cell).