Profitable Wellness Multi-Practitioner Service

Columbia, MD (Howard County)

Profitable Wellness Multi-Practitioner Service
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Asking Price: $450,000

Cash Flow: $133,400

Gross Revenue: $472,270

EBITDA: N/A

FF&E: N/A

Inventory: $5,000*

Rent: $4,915 /Month

Established: 2009

*not included in asking price.

Profitable Wellness Multi-Practitioner Service

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Business Description

Multiple practitioners and services including Acupuncture, Massage Therapy, Yoga workshops for wellness,and a variety of retail wellness-oriented herbs and other products. Ownership has been in operation for a number of stable and growing years, in one of the hottest markets in the Maryland area. Moreover, the Owner has executed a strategy for growth that will take place this year, despite plans to exit, for the benefit of new ownership. This growth is estimated to provide a sizable increase and there is room in the existing space to accommodate that spike in activity.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,980
Lease Expiration:
1/31/2020
Facilities:
Located in a very accessible, but quiet office building. Interior is attractively decorated to offer a combination of soothing atmosphere, with a professional air. Landlord is willing to work with a new Ownership and the current Owner is attempting to delay signing a new Lease so the Buyer can negotiate his/her own new Lease.
Competition:
Other competition in the are is as competition in any other area. With ten (10) years in business, this particular Wellness center has a clientele that is both regular and loyal. The strength is unquestionably in the length of the business' existence in the market.
Growth & Expansion:
A major, new reimbursement source will increase business appreciably, this year.
Support & Training:
Negotiable.
Reason for Selling:
Seller is moving out of State.
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(from currently available funds)
 
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Don Barrick

Business Listed By:
Don Barrick

The BAF Group LLC

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