Unique opportunity to purchase a profitable, well established niche homeopathic medical practice in one of the most sought after towns the country.
With a strong active database of clients running into the multiple thousands this 25 year old practice is a rare find.
The revenue for the practice is generated in two parts: 1) Consultations, 2) Sale of Medicinal products.
The practice offers several unique treatments which add further value.
The current owner is selling as he wishes to retire, however he will be available post sale to ensure adequate training to the new owner and continuity with the existing client base.
The location of the practice adds further value being close to the private hospital and surrounded by other medical practices most of whom are specialists.
Priced at R1,100,000 Ex Stock and Vat. This business offers excellent returns.
A registered Medical doctor wanting to move to the area or expand their existing practice into a new region this opportunity certainly ticks those boxes.
- Asking Price:
- R1,100,000 Furniture / Fixtures included
- Sales Revenue:
- R500K - R1.5M
- Cash Flow:
- R450,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Renewable annually
- Leasehold Rent:
-
R79,370 per annum
- Location:
-
Located in a key town of the Garden Route and only several hundred meters from the private hospital. The fast growing nature of the area offers excellent opportunity.
- Premises Details:
-
Situated in an upmarket block of medical suites. The premises are ideally suited to the business offering. The other tenant make up of Specialists adds to the appeal and value of the premises
Business Operation
- Expansion Potential:
-
As the Seller has reached retirement age he is just ticking the business over and the business offers huge scope for growth. One immediate source is taking more consultations per day. The current owner works a short day and limits his consultations.
- Competition / Market:
-
Very limited competition in the area.
- Reasons for selling:
-
The owner has reached retirement age and wishes to retire.
- Trading hours:
-
Mon - Fri 08h30 - 16h00
- Employees:
- 1
- Years established:
- 25
Other Information
- Support & training:
-
Seller is willing to offer considerable support and training.
- Furniture / Fixtures value:
- R400,000 - included in the asking price
- Inventory / Stock value:
- R200,000
- Home based:
- This business can be run from home.
