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Integrative Medical Center For Sale
Location New York,United States
Asking Price Range < $250K
Gross Revenues $164236
Net Profit / Cash Flow $58443
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 1 - 3
Inventory 50000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training 5 weeks training at no cost to new owner.
Reason for Sale Owner of the center wants to concentrate on his practice.
Description This Integrative Medical Center has 12 offices in midtown Manhattan. Some offices are rented full time by one practitioner, some are rented part time by multiple practitioners. The owner and his wife (Psychoanalyst and Psychotherapist) have 4 offices between the 2 of them.
The Center provides access to a diverse array of integrative practitioners that utilize both Eastern and Western approaches. The Center stresses collaboration between practitioners and clients. The philosophy is client based. Each individual is unique and ultimately responsible for their habits and choices.
Practitioners include: Chiropractor, Acupuncturists, Dermatologist, MD (general practitioner), Psychologist, Physiatrist, Psychoanalyst, Psychotherapists, Naturopath, Massage Therapist, Cranio Sacral, P.A. (Gynecologist supervisor).
Though some practitioners take insurance, the huge majority of patients pay with cash or credit card. The practitioners are highly regarded in their respective fields, and most are long time residents of the space.
The new owner should be a practitioner of alternative medicine and will collect rent from the present tenants and from the present owners of the center (who are now paying no rent). In addition, the new owner can increase revenues dramatically by bringing in additional rent from new practitioners.
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