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Type: Established Private Healthcare Clinic with Physiotherapy Practice and established rental income from various clinicians.
(Rental income from Counselling/CBT therapists, Osteopath, Chiropodist, Sports Therapist, Bowen, & Homeopath).
Location: Fylde Coast
Asking Price: £260,000 (Premises and Physiotherapy Practice)
Highly profitable service with rental income of circa £20,000.00 per annum from existing renters, and £55,000.00 turnover from physiotherapy practice.
Turnover generated over 6 days a week with scope for further growth across all clinical services.
Building has been established as local complementary health clinic for past 12 years. It was been with the current owners for the past 4 years and has expanded and now with excellent reputation. The approximate net internal usable space is 103 sq m / 1400 sq ft. It is an aesthetically appealing property, providing additional circulation space and WC’s. Driveway and gardens.
Physiotherapy practice has excellent reputation and been in local area for 25 years. It was relocated to current location in 2015.
The Physiotherapy Practice consists of 3 part-time physiotherapists (self-employed) offering between 30 – 40 appointments each week (includes two evening clinics). The practice is based in an affluent area with the majority of the population over 40 years of age. The clinic group is approximately 65% self-funders, 35% company/PMI referrals. The three physiotherapists have been working in the practice for the past 6/7 years and have a good reputation in the local community. Although not essential, the new owners would be recommended to continue with the existing physiotherapists, as there is scope for development. Marketing has been minimal with input of social media platforms (Twitter and FB).
The rental income comes from room rental payment from several sole traders; Osteopath and several Counsellors.
The other clinicians contribute a percentage of their income (in exchange for room rental, receptionist support, receiving card payments, provision of towels etc);
Chiropodist - 40%, Bowen - 25%, Sports Therapist - 25%.
We currently have 3 part-time receptionists who work over 6 days including 3 late nights. There is an opportunity to employ one or more of these staff if required by the new owner.
The clinic is located is in a highly desirable location, close to the coast with excellent amenities. On a main road in a residential area, it has parking immediately outside and around the premises and is on a local bus route. The area has local rugby club, sports clubs and leisure centres.
The clinic is an ideal investment opportunity for anyone wanting a well-established business with potential for development and growth, giving the opportunity to re-locate, or develop their own practice, whether they be a physiotherapist, other healthcare clinician or neither. Alternatively, the clinic would suit a physiotherapist or other clinician who wishes to live above their own practice.
All current renters have no contracts in place and therefore would vacate the premises if necessary at point of sale. Support would be offered to new owner if necessary to support transition.
Finally, located in a residential area the building would easily be turned back into a residential house.
For further details please contact d.ogden1@sky.com as No communications sent to Morgan Cox will be forwarded on.
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