Summary
With over 34 years of operation, a 7,000 client database, and proven history of generating great annual revenue, this business represents a rare opportunity to acquire a successful healthcare asset.
Revenue
$382,000 pa
Rent
$52,000 pa
Expenses
$198,000 pa
Net Profit
$132,000 pa
Location Details
47 & 47a Scarborough Beach Road, Scarborough
Prime coastal location in thriving major metropolitan area, just 15km from Perth City. Scarborough is the 3rd highest density suburb in West Australia. Clinic shares the land with a successful Osteopathy clinic. A rare option to buy the land also.
Potential
With over 34 years of continuous operation, a 7,000+ client database, and a proven history of generating over $500,000 in annual revenue, this business represents a rare opportunity to acquire a stable and scalable healthcare asset.
The current owner has reduced clinical hours, resulting in a temporary reduction in revenue — presenting a clear opportunity for a new owner to restore performance.
Skills
Owner operator with Acupuncture and Chinese Medicine qualifications and clinical experience
Or
Business manager/owner with Business Management skills
Hours
Open 7 days, up to 10 hours per day
Lease
Long term lease with landowner
Employees
1 Practice Manager
3 Practitioners
Reason for Sale
Retirement
About the Business
34-Year Established Acupuncture & Chinese Medicine Clinic
Scarborough Traditional Acupuncture presents a rare opportunity to acquire a highly respected healthcare business established in 1991.
The clinic has a 7,000+ client database, a strong local reputation and a proven history of generating substantial revenue, with a 7-year average annual revenue of approximately $504,000 and peak annual revenue of $615,000.
The business currently generates approximately $382,000 annual revenue and $132,000 net profit, operating with 3 practitioners and a practice manager.
Revenue reduced after the owner stepped back from clinical practice, creating a clear opportunity for a new owner to restore and grow the business.
Key features:
34 years of continuous operation
7,000+ client database
$132,000 current annual net profit
3 practitioners + practice manager
4 fitted treatment rooms
Established herbal pharmacy
Prime Scarborough coastal location
Open up to 7 days
Long-term lease available
Potential opportunity to acquire the underlying property
Suitable for an acupuncture/Chinese medicine practitioner or an experienced business operator.
History
Established in 1991, this business is a much loved and respected local Scarborough and Perth business. In 34 years STA has built a fiercely loyal community of clients due to excellent quality health care.
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