Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Highly Profitable Foot Clinic In Gloucestershire For Sale

Minchinhampton, Gloucestershire
Asking Price:
£74,995
Turnover:
£84,593
Net Profit:
£70,251

Business Overview
This business is presently operated from home, in a purpose built clinic, in a self contained apartment. The property is located on the edge of Minchinhampton, a town of 4500 residents and within the Five Valleys area. From 1st January 2018 the clinic will be relocated to Inchbrook in Stroud, to a newly renovated building, enabling future expansion to multiple practitioners. For the year ended 31st July 2017 the turnover was £84,593.15 with an operating profit of £70,251.35. The Owner is relocating and retiring. The foot clinic provides routine and diabetic foot care, treatment of ingrown toenails, hard skin, corns and verrucae, including cryotherapy. The website is .

Location
This business is operated from home, in a purpose built clinic, in a self contained apartment. The property is located on the edge of Minchinhampton, a town of 4500 residents and within the Five Valleys area. It is within close proximity to the local community and has free parking for clients and offers ease of access. . From 1st January 2018 the clinic will be relocated to Inchbrook in Stroud, to a newly renovated building, enabling future expansion to multiple practitioners.

Financial Details
For the year ended 31st July 2015, the turnover was £50,952.50 and an operating profit of £38,846.79. For the year ended 31st July 2016, the turnover was £76,337.05 and an operating profit of £60,323,58. For the year ended 31st July 2017 the turnover was £84,593.15 with an operating profit of £70,251.35.

Business Details
The Owner started this business in October 2012, and she is now re-locating and retiring to another part of the country. The foot clinic provides routine and diabetic foot care, treatment of ingrown toenails, hard skin, corns and verrucae, including cryotherapy.
She operates the business on her own. It has a high turnover, extremely low overhead and is highly profitable. It offers very low levels of ongoing capital investment, is now well established and this high profile clinic has an outstanding reputation. It benefits from extremely high levels of repeat clients and the bulk of new business comes from referrals (45%). Other sources of new business are own website (15%), advertising (parish magazines) (15%), signage (13%), and Google searches (13%). The website is .

The business is seen as a valuable asset to the local community which has an aging population and limited local competition. It currently has a database of over 1,200 clients, with 70% repeat business. There are at present in excess of 500 clinic hours booked for future business for this calendar year.

There is scope for significant growth in the business as the Owner currently turns away some new business due to time and organisational limitations. The hiring of a receptionist and another practitioner would grow the business dramatically, as would expanding the range of treatments to include biomechanics/gait analysis/custom orthotic insoles, nail surgery and verruca dry needling.

The Owner would be available for a handover period if required.

Property
The business is operated from a self contained apartment in a purpose built clinic (please see photos). From 1st January 2018 the clinic will be relocated to Inchbrook in Stroud, to a newly renovated building, enabling future expansion to multiple practitioners. It will be located on the first floor and has allocated parking. The rent is £600 pcm (ex VAT) including water and broadband. Electricity usage is metered. Building insurance will be confirmed once the refurbishment is complete, but is likely to be £200 per year. The 5 year lease can be terminated with 6 months’ notice after 1 year and the rent is fixed for the first 3 years. Our understanding is that business rates are zero. The refurbishment is costing a total of £2000.

Trading Hours
Monday to Friday: 8am – 6pm
Evening and weekend appointments are available, dependent on demand.

Tenancy
The business trades from home and is re-locating to a leasehold, puropose built clinic in Inchbrook, Stroud. The rent will be £600 per month, and there will be a 5 year lease with 6 months notice of termination required after 1 year.

Ref: 13324
Price: £74,995

Disclaimer
These details do not constitute part of an offer or contract. The statements and descriptions given are made without warranties by Enthuse Transformations Ltd (T/A ETS Corporate). The information contained herein has not been verified by Enthuse Transformations Ltd; complaints regarding the accuracy of the information contained herein will not be acknowledged. Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations, figures and information given on behalf of the seller. Furthermore, any representations made by any representative of Enthuse Transformations Ltd regarding this business are subject to verification and should be independently corroborated.

Property information

Location:

This business is operated from home, in a purpose built clinic, in a self contained apartment. The property is located on the edge of Minchinhampton, a town of 4500 residents and within the Five Valleys area. It is within close proximity to the local community and has free parking for clients and offers ease of access. . From 1st January 2018 the clinic will be relocated to Inchbrook in Stroud, to a newly renovated building, enabling future expansion to multiple practitioners.

Premises Details:

Home based

Business Operation

Competition / Market:

none

Trading hours:

Monday to Friday: 8am – 6pm
Evening and weekend appointments are available, dependent on demand.

Years established:
5 years

Other Information

Support & training:

The Owner would be available for a handover period if required.

Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Broker

Contact Information

    1. Your Address

    2. Optional
  1. Optional

By submitting this form, you confirm that you agree to our Terms and Conditions and Privacy Policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here