Private Physiotherapy Practice in Dorset £465,000

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New
For Sale
Private Physiotherapy Practice in Dorset
Years Trading 22
Turnover 326,151
Net Profit 139518.00

Overview

On the Market for the first time and now available to purchase.

A rare and interesting opportunity to acquire a very successful, long established and well respected Private Physiotherapy Practice in Dorset - including its own Aquatherapy Pool and on-site car park.

The Business comes with the additional option to lease or purchase the freehold premises.

Established for 22 years and in the current premises, which were designed and built for the Practice, for 14 years; this is a Cash generative business with a Turnover of £326,151 and an Operating Profit of £139,518 (2017-18). 

This Business is for Sale at £465,000

Turnover and Profit have increased for each and every year.

Situated in the same road as two Doctors Practices and the local Library and close to the main shopping area, which includes an M&S Food hall, the Practice is in the centre of the community, the surrounding area is an affluent suburb (described as ‘Professional Greys’) and is near to the beautiful Dorset Coast. 

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This is an opportunity to acquire an established and successful Private Physiotherapy and Aquatherapy Business and avoid the difficulties and long timescales of organic growth.

The Practice operates in two linked purpose-built freehold premises with the benefit of onsite parking with easy level access and dedicated Reception and Treatment Rooms.  

The Practice has 3 Treatment rooms, Reception, Disabled toilets, Office /Kitchen and Store room, linking with level access to the Aquatherapy pool building with individual changing rooms and showers, a large disabled changing room with full hoist systems and separate staff changing area.  GIA (Gross internal area) 2,398 Sq ft – 223 Sq Mt.

The Practice Principal, of the 2 Partners, has worked in the area for 22 years and in the current building for 14 years. The Practice Principal has deliberately reduced patient contact hours to the equivalent of 1.5 days a week specifically to demonstrate that this is a very sustainable investment business proposition – which does NOT need the full time Patient facing involvement of the Owner - and now wishes to retire from practise.

Currently there are 4 part time employed Receptionists including the Practice Manager. 

Of the Physiotherapists one is employed on a part time basis and combined with the Self Employed practitioners makes the equivalent of 2.5 full time Physiotherapists.

Many of the Staff have been involved with the business for at least the last 10 years. (The only Staff turnover is really due to Maternity). The Physiotherapists have a very loyal following of recurring Patients 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. 

Social Media Marketing has been minimal and would offer scope for the new Owners. 

80% of our patients are self pay with a very high percentage of recommended patients and returning custom. There is a close link with the local GP’s and Consultants.

There is regular Room hire to other medical professionals and Pool hire, the later comprises of 35% of pool use.

The Aquatherapy pool is very a popular facility operating at almost 100% capacity between Monday to Friday comprising Hire use at 35% (Adult Care and Private Patients) and in-house Physiotherapy use 65%.

At weekends the Pool is hired out on Saturday and Sunday mornings.

A Client Management Database is in place with links to a Patient On-line Booking facility available through the Website.

Each of the treatment rooms is directly linked to the Computer system with a Server in the Office, there is an automatic daily offsite data backup.

None of the current room renters have extended term contracts in place and therefore would vacate the premises if necessary at point of sale.

The Practice Principal would be willing to continue working for a period of time to support the new owner where necessary and ensure a smooth and successful transition.

The clinic is an ideal investment opportunity for anyone wanting a well-established business with potential for development and growth, giving the opportunity to develop their own Practice, whether they are a physiotherapist, other healthcare clinician or an existing Group of Physiotherapy Practices.  

In addition the Freehold Premises would be available for rent or sale.

Please ONLY contact the vendor directly via email businessforsale@email.com

General Amenities
  • Freehold
  • Great Location
  • Scope for growth
  • Local clients
Available Date:
2/27/2019
Private Physiotherapy Practice in Dorset
Dorset
United Kingdom
Sale Type: For Sale
Ref #: PPS10892
Agents

Details

Years Trading: 22
Turnover: 326,151
Net Profit: 139518.00
Available Date:
2/27/2019
Private Physiotherapy Practice in Dorset
Dorset
United Kingdom
Sale Type: For Sale
Ref #: PPS10892
Agents

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Available Date:
2/27/2019
Private Physiotherapy Practice in Dorset
Dorset
United Kingdom
Sale Type: For Sale
Ref #: PPS10892
Agents

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Available Date:
2/27/2019
Private Physiotherapy Practice in Dorset
Dorset
United Kingdom
Sale Type: For Sale
Ref #: PPS10892
Agents

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