Profitable Medical Weight Loss Clinic Excellent Growth Potential

Portland, OR

Seller Financing Available

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Asking Price:$125,000
Gross Revenue:$157,654
FF&E:$13,790
Cash Flow:$99,455
Rent:$1,516
Established Year:1996
BUSINESS DESCRIPTION

This medical weight loss practice offers a unique opportunity for a medical professional wanting to either work part-time or to supplement their existing income. The practice offers a weight-loss program based on the latest scientific evidence. The clinic has two locations in the Portland metropolitan area and provides patients with individualized services to meet their needs through a combination of one-on-one coaching, healthy diet, menu planning, individualized exercise plans and prescription weight loss medication. The current business model is entirely membership based with absolutely no insurance reimbursement. All payments are received at the time of service so there is no outstanding AR. The owner works part time 2 to 3 days per week. Real estate for one location is available but not included in the sale.
The business has been in operation for 28 years, which makes it the oldest medical weight loss practice in the Portland metropolitan area. The current owner purchased the business in 1999 and is the third owner. The business has primarily been owned and operated by Nurse Practitioners. In the past several years, as the owner moves towards retirement, they have chosen to scale back to working 2 to 3 days per week.


DETAILED INFORMATION
Location
Portland, OR
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
811
Lease Expiration
30/11/2026
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
2 office locations in Portland and Beaverton. The Portland office is owned by the Seller and is in a building that includes office space along with residential apartments. The Seller is open to selling this property or entering into a lease for the medical office space. The second location in Beaverton is a leased space and can be assigned to the buyer or a new lease can be negotiated.
Competition
There is limited competition as Portland has only a handful of medical weight loss businesses. The few that exist are not as long established with a membership-based business model.
Growth & Expansion
While still generating a comfortable income, the Seller has done limited marketing and has relied on the business website and patient and professional referrals. Consequently, there is considerable opportunity for business growth. The opportunity exists to collaborate with dieticians, personal trainers, physical therapists and a variety of other referral sources in the medical community to create and expand referral streams. The recent FDA approval of three GLP-1 receptor agonists for weight loss and their explosive growth in popularity
Financing
Owner Financing Amount $50,000.00 Owner Financing Interest 7% Owner Financing Terms M
Support & Training
2 weeks
Reason for Selling
retirement
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Daren
Bucklin
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Daren Bucklin