Details - Information last confirmed on June 9, 2021

This $1,000,000 acupuncture practice performs treatments to a patient roster that includes adults of all ages, adolescents, and infants. The practice is strategically located in a booming urban New York Metropolitan area that is in close proximity to major transportation.

COVID-19 had a significant impact on the operations of the practice during the period of late March through late June 2020. The loss of income was due to the temporary closure mandated by state and city officials. Although the practice was closed for three months, the practice still maintained an EBITDA margin of 41% for 2020. The practice has rebounded in 2021. If the pace of the first four months continues, which is expected, revenue should be at least 20% greater than in 2020.

Beginning of the second quarter 2021, the practice began offering a new therapy that provides many therapeutic benefits for both men and women. The owners believe that they are one of a few select practices in the geographic area they serve that offers this therapy in combination with acupuncture. This new therapeutic offering is expected to generate over $500K per year in cash flow with minimal operating expenses.

The practice is now back to operating 6 days a week and hours will increase based on patient demand.

Understanding the complexities and uncertainties of the pandemic, the owners’ expectations of value are aligned with the current cash flow and scale versus past performance. Given its new value, the owners believe that the practice would be an excellent investment for an existing practice looking to expand into a prestigious and demographically wealthy area, as well as an opportunity for a graduate of acupuncture looking to establish a foothold in an established practice.

Learn More About This Listing

Sign up for a free basic membership to start buying and selling. Learn about our membership plans.

By clicking "Join Now - It's Free" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.