Buy and/or Manage a Dream Medical Practice over 5000 patients in LA

Los Angeles County, CA
listing image
Asking Price:$10,000,000
Established Year:2005
BUSINESS DESCRIPTION

Golden Opportunity Medical Weight Loss Perfect for active or retired

This is the perfect opportunity for an entrepreneurial candidate to buy a business that has been a steady and consistent money maker for decades. The current owner is looking to retire due to provable health issues, but the growth opportunity is nothing short of mind-boggling given the clinic’s 5,000-6,000 annual patients.

Aside from our stand alone weight loss offices if, for instance, you presently have an associated practice like a cardiologist or pain medicine practice, our base of patients could likely be future patients of yours.

Owner is not desperate to sell, and is even willing to retain part of the business. The clinics have been in the same location for decades and have had consistent year over year growth with minimal effort to operate the business. Keep in mind...our medical weight loss patients leave our offices and go spend countless amounts of money on a variety of other services that could be offered to them by us. Our patient base has a huge additional value added in a myriad of other areas for those that have the skills to add those services.

Current owner spends about 1 hour per week. This is a low stress opportunity if you are looking to make a lot of money for decades to come. The business is 100% debt free and has operated at a profit since inception. There is no prior experience necessary. The opportunity is to purchase a small group of medical weight loss clinics.

It would be very easy to grow the clinics into a $25 million dollar business. There has been NO advertising done for the clinics...majority of patients have been by referral. The patients have never (in 30 years) been offered any other services besides weight loss. With 5,000-6,000 patients per year, offering services such as spa services, cosmetic services, pain management, bariatric surgery services, or any other typical medical or non-medical services can be offered to dramatically increase profitability. The telemedicine launch for CA is ready for implementation as well. Imagine just generating an additional $200.00-$500.00 per patient per year!

Are you the right entrepreneur? Managing partner possibility.
MD Preferred, but business opportunity is open to all qualified. candidates. $10,000,000 OBO. Owner financing conversation depending upon security of buyer.


DETAILED INFORMATION
Location
Los Angeles County, CA
Inventory
Included in asking price
Employees
10
Facilities
there are multiple offices..all are rented with flexible leases
Competition
The reality is that there isn't another industry that receives more media or press than the national obesity crisis....there is tremendous room in the marketplace for a leader and we believe we are well placed for that. 2021/2022 will lead to more focus on weight loss than ever before.
Growth & Expansion
The upside is huge by expansion and/or acquisition, creative additional services added or advertising. There are a tremendous number of ancillary services that should be offered. Each of the thousands of patients leave our clinics and go elsewhere to purchase a variety of services and products. Covid provided even more focus on the need for attention directed toward weight loss since obesity created dangerous conditions when contracting the virus.
Financing
For the right buyer there is flexibility
Support & Training
all support and training is available to insure a smooth transition
Reason for Selling
severe medical issues
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