Three-Location, Top Rated Weightloss Franchise Resale in CT

Wethersfield, CT (Hartford County)

Three-Location, Top Rated Weightloss Franchise Resale in CT
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Asking Price: $2,199,000

Cash Flow: $773,165

Gross Revenue: $2,143,485

EBITDA: $567,900

FF&E: $331,930

Inventory: $24,000

Rent: $35,196 /Month

Established: 2015

Three-Location, Top Rated Weightloss Franchise Resale in CT

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Business Description

Profitable, Medical-Weightloss Clinic with very strong upside Potential

This top performing multi-unit franchise resale offers a physician-supervised and clinically-proven approach that helps patients achieve and maintain a healthy weight, with a keen eye on preventive medicine. After medical tests and in-depth consultation with each patient, the medical staff creates an individualized and comprehensive plan for each patient. This business offers programs that are evidence-based to result in a successful lifestyle change.

This multi-unit franchise resale business has clinic locations as follows: One (1) well-established and highly profitable franchised-location in Wethersfield, CT, one (1) startup location in Wallingford, CT with impressive cash-flow potential and one (1) Undeveloped territory (with Right of 1st Refusal).

The business offers proprietary weight loss, nutritional weight management, various wellness products and services, and other products. The products or services may be required by applicable law to be provided by an independent Physician employed by a medical practice (or by the new owner if permitted by law), which would be responsible for supervising and/or monitoring the Program. This is a turn-key franchise business with major advantages over the competition and checks the "wish-list" box of every category for Accredited Investors, Family Offices and Private Equity Firms.

The primary target market for services and products provided by this franchise business are both male and female adults and adolescents needing or desiring weight loss, weight management and nutritional products and services. The target customers also include physicians' practices who are seeking to add additional weight loss, weight management, wellness and nutritional product and service lines to their practices.

The national franchise system offers excellent support, comprehensive operational tools, and signature products and services backed by scientific research. The system allows for the efficient operation of the Business to provide a platform for the sale of Products and Services, as well as to provide ease of operation of its Practice component. The system includes a clinic management system; accounting system; distinctive business formats; uniforms; color schemes; methods; procedures; system-common practices and processes; advertising practices; hiring practices; designs; layouts; signs; product and service mix; licensed or proprietary software; hardware and electronic devices; standards; specifications; treatment protocols; and/or other System Standards defined in the Manuals.

The Listing is offered via a Co-Brokering arrangement.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
5/1/2023
Employees:
6-10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Location #1: Wethersfield, CT, Square Footage: 2,000 Term: January 2015-2021 Rent: $2,933 | $35,196/ Location #2: Wallingford, CT, Square Footage: 2,632, Term: May 2017-2023, Rent: $3,800 | $45,600.00/ Location #3: *Undeveloped and not included in sales price, but available Rights reserved
Competition:
The “Services” which are Products or Services that may be required by applicable law to be provided by an independent Physician employed by a medical practice (or by you if permitted by law) responsible for supervising and/or monitoring the Program. The Program guides the manner of dealing with customers, mix of and use of Products and Services, as well as the general customer experience. The Foundation Elements are those attributes of the System not licensed to others as part of or in connection with any Products or Services the Franchisor may sell via the internet or Alternative Channels of Distribution. Currently, the Franchisor considers the Foundation Elements to include EMR Software, diet methods, Manuals, and other services and intellectual property the business may deem critical to allow someone to commence a Business.
Growth & Expansion:
The Franchise “System” allows for the efficient operation of the Business to provide a platform for the sale of Products and Services, as well as to provide ease of operation of its Practice component. The System includes a clinic management system; accounting system; distinctive business formats; uniforms; color schemes; methods; procedures; system-common practices and processes; advertising practices; hiring practices; designs; layouts; signs; product and service mix; licensed or proprietary software; hardware and electronic devices; standards; specifications; treatment protocols; and/or other System Standards defined in the franchise Manuals, all of which the Franchisor may improve, further develop or otherwise modify from time-to-time.
Support & Training:
Franchisor will provide business operations training to the owner and to the on-Site Manager/ Sales Director and Medical Director (“Owner/Manager Training”). At least three (3) persons must complete the Owner/Manager Training. Approximately between two (2) and five (5) consecutive days of this training will be furnished at our designated training facility and/or at an operating Business.
Reason for Selling:
Sellers have decided to pursue other business opportunities
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(from currently available funds)
 
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Vasilis Georgiou,M&AMI, CBI, CBB, MBA

Business Listed By:
Vasilis Georgiou

CrossRoads Business Brokers

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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