Andover Private Physiotherapy Practice for Sale £75,000

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Andover Private Physiotherapy Practice for Sale
Years Trading 10
Turnover 160K
Net Profit 131K
Expansion Potential Yes

Overview

 

Private Physiotherapy Practice for Sale

A well-established private Physiotherapy Practice is for sale in the market town of Andover Hampshire. Currently run by a husband and wife team, as a limited company for the past 10 years. Sale is due to immigration. 

The clinic is run alongside a separate Pilates business where cross-referral is mutually beneficial.  Current patient load is approximately 100 patients per week which could easily increase as there is current demand for more appointments.

There is one self-employed, part-time physiotherapist who operates at 50% commission and a self-employed part-time administrator.

Other income generated by room rental to a massage therapist, with potential to increase rental opportunities or clinical hours as currently operates at 35% occupancy.

Premises are rented £9576 pa which is sublet at 50% to the Pilates business. There has been a rolling contract in place since 2014. This excludes electricity rates.  There are two treatment rooms, waiting room, Pilates studio (available outside of class times), storage room, kitchenette, toilets and parking within a well maintained, family-owned commercial yard.

The clinic has an excellent local reputation and well-established working relationships with local GP’s and consultants. There are also existing contracts with private medical, medico-legal and third-party insurers.

Breakdown of clients:

Self Funding: 36%

Privately insured: 36%

Medico-legal: 28%

 

2019 2018

Turnover: £160k £131k

Net Profit: £131k £66k

Asking price: £75 000

Please contact the vendor via email on info@andoverphysio.co.uk 01264334158

Please note direct contact with the vendor is required. No communications directed to morgan cox will be passed on to this vendor.

General Amenities
  • Scope for growth
    Available Date:
    2/29/2020
    Andover Private Physiotherapy Practice for Sale
    Andover
    United Kingdom
    Sale Type: For Rent
    Ref #: PPS17827
    Agents

    Details

    Years Trading: 10
    Turnover: 160K
    Net Profit: 131K
    Expansion Potential: Yes
    Available Date:
    2/29/2020
    Andover Private Physiotherapy Practice for Sale
    Andover
    United Kingdom
    Sale Type: For Rent
    Ref #: PPS17827
    Agents

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    Available Date:
    2/29/2020
    Andover Private Physiotherapy Practice for Sale
    Andover
    United Kingdom
    Sale Type: For Rent
    Ref #: PPS17827
    Agents

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    Available Date:
    2/29/2020
    Andover Private Physiotherapy Practice for Sale
    Andover
    United Kingdom
    Sale Type: For Rent
    Ref #: PPS17827
    Agents

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