MergerPlace

Reputable Wellness Medical Center

Michigan (Kent)


  • Asking Price: $244,000
  • Gross Income: $787,470
  • Cash Flow: $88,000
  • Real Estate: $750,000
  • Inventory: $20,600
  • FF&E: $65,100
  • Listing ID: #209228
  • Established: 1998
  • Employees: 5

Business Description

Founded in 1998, the Company is a multidisciplinary integrative holistic medicine center that provides a wide range of alternative medical services, including acupuncture and massages, and more. Operating out of a custom-designed facility, the Company provides various treatments, programs, and classes. A sample of offerings includes massage therapy, acupuncture, naturopathic family medicine, HCG weight loss program, bio-identical hormone replacement, thermography, and IV infusions. With a highly skilled and experienced staff, the Company is effective at serving its loyal customer base of over 6,000 West Michigan residents.
The owner is retiring and would like to transition the Company to new ownership. The owner both manages the business and provides treatments for customers. The seller is willing to provide assistance through a reasonable transition period.
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency.
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Business Details

Primary Business Category: Health Care - Nursing & Residential
Location: Michigan
County: Kent

Company Information

Year Established: 1998
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5

Financial Information

Asking Price: $244,000
Gross Revenue: $787,470
Cash Flow: $88,000
EBITDA: $30,200
FF&E: $65,100
Inventory: $20,600
Real Estate: $750,000
Seller Financing Available: Yes

Property Information

Facilities:

The Company operates out of an 6,000 sq. ft. facility owned by a related entity. The property which was designed specifically for the Company’s health and wellness services, offers a calming and comforting environment. The location is conveniently located with easy access from Ada, Rockford, East Grand Rapids, Kentwood, Wyoming, Grandville, Caledonia, and more. The real estate is available for sale with the business for $750,000.

Growth & expansion opportunities:

Growth opportunities include: (1) Addition of Retail CBD Products: The Company has the opportunity to grow significantly by selling CBD oil and related products that are growing in popularity for their health benefits. (2) Expand Skin Care Service Center: While the Company offers some skin care treatment options, there remains the opportunity to broaden the services offered to increase revenue. (3) Expansion of Allergy Elimination Services: The Company has noticed an increasing number of requests for allergy elimination treatments. It expects to be able to grow by continuing to assist clients who suffer from various allergy ailments. (4) Expand Retail Offering: On top of CBD products, the Company sees potential for growth by adding books, weight loss bars, and more.

Competition:

Investment highlights include: (1) Brand Name Recognition: The Company has developed a strong reputation since its founding in 1998. It is known as a leader in holistic health and wellness services throughout the growing West Michigan area. (2) Personalized Diversity of Services All Under One Roof: The Company offers a wide variety of treatments that are personalized to each patient’s unique needs. (3) Experienced Staff: The Company has a highly experienced staff of employees and contractors that operate under the guidance of a medical director.

Reason for selling:

Retirement

Support & Training:

The seller is willing to provide assistance during a transition period.

Contact Business Seller

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Business Listed By:

Matt Baas

Calder Capital, LLC