Established in 2004 by it’s current owner, the business is the only private physiotherapy clinic in the area. It is situated in a purpose built DDA compliant building with a private dental clinic next door and houses three treatment rooms, a substantial office and large reception area. There are three car parking spaces attached to the Clinic and a free public car park adjacent to the building. Centrally located within a rapidly expanding town eight miles from Newcastle-upon-Tyne, it is easily accessible from the main shopping precinct and bus stops.
It has a good relationship with all local GP surgeries with many of their staff having been treated at the Clinic. The Clinic receives regular referrals from the local hospital Consultants (pre and post surgical) as well as from all main private insurers and major third parties. The vast majority of patients, however, come through word of mouth (61%) self refer and self pay (75%) avoiding reliance on any company for income. One treatment room is currently rented out to other health professionals on a sessional basis.
My client wishes to retire and is now offering the business on a leasehold basis for a sale price of £85,000 with an annual rent at the market rate of £12,000. They are prepared to provide a smooth transitional period after completion, if required by the buyer.
This is an exceptional small business opportunity for a single handed practitioner, a partnership or a satellite clinic bringing with it an existing loyal patient base, a highly regarded reputation and substantial growth potential.
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