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Physiotherapy centre, including sports injury clinic

Reference
S8434
Turnover
Less than £0.5m
Sector(s)
Health & care, Leisure, Medical, Miscellaneous, Service industries
Region(s)
South East England, South West England
Added
24 January 2022

Business description

  1. Physiotherapy centre and sports injury clinic. Established for over 25 years.
  2. Team of 8 physiotherapists and a range of other consultants offering complementary health services (such as chiropody; massage; pilates, for example). 
  3. Client include (for example only) in next 4 bullets:
  4. --> Physical injuries relating to working from home (WFH) and other, often requiring frequent maintenance /recurring visits.
  5. --> Pre surgery preparation / post surgery rehabilitation.
  6. --> Military injuries, both existing service personnel & retired veterans.
  7. --> Sports injuries, including elite athletes and those resulting from recreational sport.
  8. Patients are recommended by GP's other complementary providers, & existing clients.
  9. The practice works with all major healthcare providers.
  10. There are 6 well equipped consulting rooms including a larger rehabilitation area that can be used for group sessions.
  11. Located in an easily accessible regional city location, with its own off road parking.  Central southern England.
  12. Retirement sale 

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2020 (Actual) 183 36
2021 (Actual) 130 47
2022 (Actual) 190 70
  1. Turnover in the table excludes the rent received from complementary health service providers who rent rooms in the centre.
  2. The year to 31 March 2021 was adversely impacted by Covid restrictions.
  3. However the current year to date (8 months to Nov 2021) shows turnover of £126k & profit of £46, which informs the forecast turnover of £190k / £70k profit 

Opportunities

  1. Scope for a new owner with drive and energy to increase revenues in the existing sizable premises.
  2. There is considerable scope to increase the utilisation / occupancy rates of the 6 consulting rooms that will increase the physio turnover and rental from the complementary health providers.

Prospective purchasers

  • Existing physiotherapy practice or group of practices looking to expand their offering / geographic coverage
  • Qualified physiotherapist (or other) looking for their own business opportunity.
  • Complementary business where there could be valuable synergies

Reason for sale

Retirement sale after 25 years of ownership.

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