Chiropractic Practice for Sale in Windsor

Excellent chiropractic practice for sale in desirable area of Windsor

REMOVED FROM MARKET JUNE 2010

The clinic

Within walking distance of the town centre and with a car park across the road, makes this a great location for a chiropractic practice.

The practice comprises:

o 4 good sized treatment rooms with office space
o Well presented patient waiting room
o Kitchen facilities
o Ladies and gents toilets

Opening hours:
Monday - Thursday 8-7pm
Friday 8-5pm
Saturday 8-1

The principal chiropractor works 30 hours with associates working 52 hours. There is therefore a lot of further potential in the practice to increase hours worked and rooms occupied.

The financials

Based on last year's accounts the income for the practice was £237,000 and the profit was £117,000.

There are management information for the current year available.

The area

The desirable town of Windsor acts as a business and social hub to other local large towns such as Slough and Maidenhead. The clinic enjoys excellent referral relations with local GPs and has recently secured an NHS contract to provide physiotherapy to local patients.
There are numerous nearby car parks and the pedestrianised main shopping centre of the town is three minutes walk away.

The patients

The clinic sees 130-150 patients per week and gets a steady flow of new patients, averaging 9 new patients per week.

The practice is multi-disciplinary, although mainly chiropractic, so the new NHS contract for physiotherapists should have a possitive affect on performance.

The staff

There are three experienced staff (one half way through maternity) who run the clinic well without the need for daily input.

The lease

A long-term lease was secured last year.

Other information

The owner has emigrated to Spain and a senior associate is managaing the practice. This demonstrates that the practice runs successfully as a business rather than reliant upon one specific person. This would make a good investment for a chiropractor or professional to manage from afar or for a chiropractor to work in and run as a business themselves.

Price

£150,000 for the goodwill and assets. This has been dropped from £180,000 to take into account the current economic climate.

For further details and a copy of the valuation report, please contact the finance 4 chiropractors team on:

T: 01872 242800
E: support@finance4chiropractors.com