MergerPlace

Five-Location Weightloss Franchise

Virginia (Henrico)


  • Asking Price: $5,520,000
  • Gross Income: $7,052,052
  • Cash Flow: $1,574,108
  • Real Estate: Not Disclosed
  • Inventory: $36,896
  • FF&E: $228,848
  • Listing ID: #205431
  • Established: 2007
  • Employees: 15-25

Business Description

Profitable, Medical-Weightloss Clinics 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 business has clinic locations as follows: three (3) well-established and highly profitable franchised-locations in North Carolina, one (1) well-established and highly profitable franchised location in Virginia and one (1) recently established location, also located in Virginia.

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: Virginia
County: Henrico

Company Information

Year Established: 2007
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 15-25

Financial Information

Asking Price: $5,520,000
Gross Revenue: $7,052,052
Cash Flow: $1,574,108
EBITDA: $1,574,108
FF&E: $228,848
Inventory: $36,896
Seller Financing Available: No

Property Information

Facilities:

#1) Huntersville, North Carolina Square Footage: 4,163 Term: August 2016-2022 Rent: $6,071.04 | $72,852.48/ #2) Midlothian, VA Square Footage: 4,000 Term: December 2010-2020 Rent: $7,333.33 | $88,000.00/ #3) Charlotte, NC Square Footage: 3,620 Term: May 2016-2021 Rent: $7,617.08 | $91,404.96/ #4) Glen Allen, VA Square Footage: 4,289 Term: September 2010-2020 Rent: $6,923.34 | $83,080.08/ #5) Charlotte, NC Square Footage: 4,356 and 2,059 Term: September 2009-2019 Rent: $12,403.09 | $148,837.08

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

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Business Listed By:

Vasilis Georgiou

CrossRoads Business Brokers, Inc.