Extremely Profitable Acupuncture Practice For Sale

Business Overview:

This $1,000,000+ acupuncture practice performs treatments to a patient roster that includes adults of all ages, adolescents, and infants. The practice is strategically located in a booming urban New York Metropolitan area close to major transportation. Services include but are not limited to, specialized treatment plans for fertility, pain, weight loss, digestion, stress, and wellness.

COVID-19 had a significant impact on the operations of the practice during the period of late March through late June 2020. The loss of income was due to the temporary closure mandated by state/city officials. Although closed for three months, the practice maintained an EBITDA margin of 42% for 2020. 2021 presented some unique challenges including a required move of facilities that caused an approximate 5-week closure. Despite these closures, an EBITDA Margin of 45% was achieved. 2023 saw increases in both revenue and EBITDA. This business has a high demand and recurrence factor that allows it to weather these kinds of issues.

In 2021, the practice began offering a new therapy that provides many therapeutic benefits for both men and women. The owners believe they are one of a few select practices in the geographic area they serve that offers this therapy combined with acupuncture.

The practice operates 6 days a week and hours will increase based on patient demand.

The owners believe that the practice would be an excellent investment for an existing practice looking to expand into a prestigious and demographically wealthy area, as well as an opportunity for a graduate of acupuncture looking to establish a foothold in an established practice.

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Market Competition and Expansion:

Competition : Although there are other alternative healthcare practices in the area, this practice is an icon in the community, has a stellar reputation, and has loyal patients who refer their friends and family. In addition, they have developed relationships with other health organizations and referral sources that give them a competitive advantage.

Growth & Expansion :The practice has successfully used marketing strategies to both attract new patients and retain patients. Adding patient services as well as expanding marketing and social media strategies into additional geographic markets are key growth opportunities.

Reason for Selling:

Additional Details:

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