MergerPlace

Three-Location Weightloss Franchise

Connecticut (Hartford)


  • Asking Price: $2,750,000
  • Gross Income: $1,751,795
  • Cash Flow: $658,035
  • Real Estate: Not Disclosed
  • Inventory: $11,103
  • FF&E: $134,630
  • Listing ID: #205427
  • Established: 2015
  • Employees: 6-10

Business Description

Profitable, Medical-Weightloss Clinic with very strong upside Potential

This top performing multi-unit franchise resale offers a physician-supervised and clinically-proven approach that helps patients achieve and maintain a healthy weight, with a keen eye on preventive medicine. After medical tests and in-depth consultation with each patient, the medical staff creates an individualized and comprehensive plan for each patient. This business offers programs that are evidence-based to result in a successful lifestyle change.

This multi-unit franchise resale business has clinic locations as follows: One (1) well-established and highly profitable franchised-location in Wethersfield, CT, one (1) startup location in Wallingford, CT (not included in sales price) and one (1) Undeveloped location (not included in sales price), but available rights reserved

The business offers proprietary weight loss, nutritional weight management, various wellness products and services, and other products. The products or services may be required by applicable law to be provided by an independent Physician employed by a medical practice (or by the new owner if permitted by law), which would be responsible for supervising and/or monitoring the Program. This is a turn-key franchise business with major advantages over the competition and checks the "wish-list" box of every category for Accredited Investors, Family Offices and Private Equity Firms.

The primary target market for services and products provided by this franchise business are both male and female adults and adolescents needing or desiring weight loss, weight management and nutritional products and services. The target customers also include physicians' practices who are seeking to add additional weight loss, weight management, wellness and nutritional product and service lines to their practices.

The national franchise system offers excellent support, comprehensive operational tools, and signature products and services backed by scientific research. The system allows for the efficient operation of the Business to provide a platform for the sale of Products and Services, as well as to provide ease of operation of its Practice component. The system includes a clinic management system; accounting system; distinctive business formats; uniforms; color schemes; methods; procedures; system-common practices and processes; advertising practices; hiring practices; designs; layouts; signs; product and service mix; licensed or proprietary software; hardware and electronic devices; standards; specifications; treatment protocols; and/or other System Standards defined in the Manuals.


Business Details

Primary Business Category: Retail Trade - Health & Personal Care
Location: Connecticut
County: Hartford

Company Information

Year Established: 2015
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 6-10

Financial Information

Asking Price: $2,750,000
Gross Revenue: $1,751,795
Cash Flow: $658,035
EBITDA: $463,734
FF&E: $134,630
Inventory: $11,103
Seller Financing Available: No

Property Information

Facilities:

Location #1: Wethersfield, CT, Square Footage: 2,000 Term: January 2015-2021 Rent: $2,933 | $35,196/ Location #2: (*Start-up location and not included in sales price, but available) Wallingford, CT, Square Footage: 2,632, Term: May 2017-2023, Rent: $3,800 | $45,600.00/ Location #3: *Undeveloped and not included in sales price, but available Rights reserved

Reason for selling:

Sellers have decided to pursue other business opportunities

Support & Training:

Franchisor will provide business operations training to the owner and to the on-Site Manager/ Sales Director and Medical Director (“Owner/Manager Training”). At least three (3) persons must complete the Owner/Manager Training. Approximately between two (2) and five (5) consecutive days of this training will be furnished at our designated training facility and/or at an operating Business.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Vasilis Georgiou

CrossRoads Business Brokers, Inc.