Listing Number: 55556-423065
This is an excellent opportunity to own a business that truly helps people achieve their dreams and helps them get back on the right path. The obesity rates in the US are growing at an alarming rate, by 2025 43% of women and 45% of men in the US will be considered obese.
This business is a very profitable weight loss center ($1.53M Revenue & $420K SDE) for sale with multiple revenue streams. The business has been established since 2009 and has grown on average 10% year over year. The owner has spent a significant amount of time and money to create synergistic procedures to complement the original business model allowing the team to holistically service a client and generate additional earnings.
The business has been set up as a turnkey operation and the current owner is willing to stay on up to a year as an employee. There are two licensed employees that perform a majority of the services while the owner is primarily focused on managing the business and backfilling the licensed professionals when needed. Please note, the new owner does not need to be a licensed professional.
Current location has 1 year left on the lease and the landlord is not extending leases for this business or the other businesses as they have other plans for the entire building. We are currently scouting multiple locations in the same area with comparable rental rates and T&I. Clients drive over 30 miles to come into town and the change in location will not impact the business long term, if at all.
Opportunities for a new buyer:
• If the new owner is a licensed professional and performs the services, this would be an additional $150,000 to the bottom line.
• Entering a new space will allow the new owner to build out the location per their interest.
• Multiple locations / Franchise: New owner can expand into other areas of Atlanta and/or consider franchising as a growth strategy.
- Price: $2,300,000
- Down Payment: $230,000
- Sellers Discretionary Earnings: $420,000
- Total Sales: $1,530,000
- Location: Fulton County, Georgia
- Inventory: $0
- FF&E: $0
- Employees: 9
- Reason for Selling: Retiring; willing to stay on as employee for at ~1 year
- Category: Medical Related Biz