This Is Your Ideal
Clinic
Read on and discover why this is the clinic for you -
and how it is too good
an opportunity to miss...
Situated in the heart of the North
East of England just minutes from the majestic city of Durham, the thriving metropolis that is
Newcastle and the bustling city of Sunderland lies this gem of a practice
opportunity.
Whether you are looking at starting
out on your own or looking to further expand your clinic numbers and grow your patient base –
you won't do better than looking here and reading on because this is a once in a lifetime
opportunity.
Now, some people might think that I
may be biased – but I don't think so.
Let me explain...
Established in 1992 the clinic showed consistent growth
until reaching capacity. Open an average of 27 hours a week the clinic sees approximately 400
patients a month – but like my school reports used to say it “could do much
better!”
I work with 15 minute treatment times
and I am old school. I still get patients changed and gowned and there is none of the new
fangled gadgetry like thermography or X-Rays to increase patient compliance and
retention.
Nope, there is none of
that!
This practice is purely an acute care
practice where I see patients once a week until they are fixed and then I offer them the choice
of usually a 3 monthly or 6 monthly maintenance follow up.
Can you already see the scope for
improving patient numbers?
Introduce proper wellness or
maintenance care into the practice, reduce treatment times (should you wish) and use more of the
treatment rooms to provide care – and your numbers will sky rocket!
I work in the clinic as a sole
practitioner so just imagine what could be achieved with an associate or two. If you decide this
is the clinic for you (and you'd be foolish if you didn't as the following patient numbers and
turnover show) I am willing to stay at the clinic in a reduced capacity to help you
transition and build the clinic for yourself and anyone else you wish to take
on.
But, before you decide, let me
go on because the clinic turnover speaks for itself.
Whilst the full financials are
available on request I'm not prepared to put them on here for any Tom, Dick and Harry to read.
That said, I can tell you that the gross turnover
for the last 4 full financial years has remained pretty much
consistent - and
that is with me trying to work less hours and less hard.
I cannot get rid of the patients!
I've tried being rude, I've tried
being unkempt, I've tried being uncouth – but still the patients flock to the
clinic!
In 2019
I saw 315 new patients and 3947 returning
patients.
In 2018 I
saw 297 new patients and 4029 returning
patients.
In 2017 I
saw 356 new patients and 4406 returning
patients.
In 2016 I
saw 368 new patients and 4381 returning
patients.
And this is with me reducing my hours
and trying to work less.
As you can see the numbers
are extremely consistent. The only reason for the slight drop since 2018
was I took even more time off and more holidays - after all I did turn
50!
So, in
2019 there were 315 new patients and 3947 returning patients through the
doors - that's a steady stream of 26 new patients and 330 returning patients per
month.
2020 has been
quieter.
It appears there is a virus going
about which meant the clinic was closed for a good chunk of the year - but the figures still
aren't too bad.
In 2020 the clinic saw 263 new
patients and 2983 returning patients. That's roughly 22 new patients and 248 returning patients a month - despite
people afraid to leave their homes for fear of the plague and me having had 2 holidays (and one
really long, almost 4 months, enforced one).
When the clinic really got going
again from mid July the figures improved dramatically. In the last 6 months of the year I saw
172 new patients (or 28 a month) and 1763 returning patients (or 293 a
month)...
...and I reduced my hours a bit
more!
On top of that I am leaving blank
appointments throughout the day to clean, change PPE, let droplets drop, or whatever we are
supposed to be doing in Tier 27!
And, even more
importantly, all of these numbers are without advertising or social
media!
No advertising, social media -
just a constant influx of patients through the door.
Can you imagine how much impact
actively advertising the clinic would have on patient numbers? I've never wanted to see more
people – so I have never advertised in all the time
I have had the clinic. No Facebook, no web page, no
press releases, no adverts, no fliers, no Instagram, no Twitter, no LinkedIn, no signage –
nothing, nada, diddly, jack, zip, zippo, zilch, not a thing.
Let me repeat that:
Not.
A.
Thing.
With no advertising the clinic
has grown and flourished.
Just imagine how big it would
grow, the number of patients it could see and help, the turnover it could have when people
actually know it exists and they can see it's presence on the Interweb (or whatever
it's called).
Now, you're most probably thinking
“he must be brilliant to have grown the practice just by word of mouth, he must adjust with
skill and finesse, he must be able to cure just by laying on his hands, people must just be able
to touch the hem of his coat for the lame to walk and the blind to see!”
And you'd be right
:-)
Yep, I'm not bad at
adjusting.
In fact I would say I was slightly
better than average.
But I'm not that good. I did try the
walking across water bit once but after sinking realised it wasn't for
me.
Like most people I would like to say
I was brilliant - but I was lucky rather than brilliant.
I was lucky to establish a
clinic in an area where there was no one else and where there is a need – and that is the legacy
I want to pass on to you. I want you to continue seeing the patients I already see and
I want you to see even more of them.
This clinic is ripe for the
picking...
...and it should be
yours.
The clinic is ready for
expansion!
At the moment I work just out of one treatment
room and have another room as the reception – but there are another three treatment rooms. Not
only are there more treatment rooms but I have a waiting list of patients ready to fill
them.
“Hmmm” I bet you're thinking,
rubbing your chin in thought and squinting slightly in wonder “if he could fill them
why doesn't he?”
And the answer to that is I just don't want to
work that hard at this stage of my career – I am looking to get less busy and enjoy the odd
glass of wine! I don't want to be working more than I need to. That said, with some young
whipper-snapper running the show or two or three associates working in the clinic it's a
potential goldmine.
Years ago I used to have associates in the
clinic and they were always busy (before leaving to set up their own clinics). I've had other
practitioners hiring the rooms in the past and this was another great source of revenue for no
work on my part...
...but I don't want to be doing that any more.
I want more holidays and a little bit of a lie in in the morning – I want to be doing less, not
more.
I work on average 27 hours a week. Some weeks I
work four days, some weeks three and a half and some weeks three days. I currently see 90-100
patients a week and that is more than enough for me. But there is scope for so much more with
somebody else at the controls.
I reckon the clinic is operated at about
15-20% of it's capacity!
How many patients could someone see if the
clinic were open 5 days a week? How many would they see if it were like back in the old days
when it was open for five and a half days? How many could they see if they used two treatment
rooms instead of one? Three treatment rooms instead of one?
Crikey, what is the potential if they used
four treatment rooms instead of one and opened for longer?
To be honest this practice has more potential,
possibilities, growth prospects and palingenesis than Peter Piper and his pickled
peppers!
Let me remind you that at the moment the
practice sees on average 7 new patients a week with no marketing in place.
The potential is
huge!
The clinic really does offer you a great chance
to start busy and get busier! Since I have been here I have seen 12,425 patients and there are
over 1,750 of those who I would class as currently active (having been see by me in the last 18
months or so).
There is an obvious opportunity here for any
new owner to undertake any amount of analogue and digital marketing and to increase both the
numbers of returning and new patients dramatically. I mean if I see over 350 new patients a year doing nothing – how many would you see if
you actually marketed yourself? Plus you've got over
twelve thousand inactive patients to chase up and
get back into the clinic under your care.
The clinic offers excellent scope for practice
growth but also the possibility of it being a home. I lived above the clinic for the first seven
years in practice till I moved on and bought another property and it was (is) a great place to
live. You have everything you need here: supermarkets, high street shops (butchers, bakers, no
candlestick maker unfortunately), restaurants, cafes and pubs. Oh yes, there are pubs and quite
a few of them in easy reach. And when the kids aren't in the pubs there are a number of top
class schools in the area!
The clinic has now been completely
refurbished so should you want it purely as a work base you can hit the ground
running – but with a new kitchen and bathroom it is an ideal starter home to get you on your
feet.
The clinic is laid out as
follows:
Based over two storeys the clinic consists of
the following rooms.
The ground floor comprises
of:
A reception area
A treatment room
A kitchen
A utility room
A changing room
Whilst the second floor consists
of
Bathroom
Treatment room 2 / Changing
room
Treatment room 3
Treatment room 4
The property was completely renovated in 2014
to a total cost of £65k. This involved:
Complete
re-plastering,
A new gas central heating system (a Worcester combi
boiler),
New electrics and lighting
A new kitchen
A new bathroom
New carpets and flooring
New alarm system
New composite front door
It was completely redecorated in
2019
The outside of the clinic was
repainted in 2020
The ground floor plumbing,
utility and kitchen flooring were replaced in 2020
This clinic is ready to move into and needs no
work doing to it at all!
For a little teaser of what you'll get when the
clinic is yours just click
here!
This is a
double fronted, end terraced property - it is a large
building.
It's not one of these
places where you can't fit your furniture in and you're never going to hear the sound of “thud,
meow, thud meow” as the cat you're swinging hits off each wall. This is an end of terrace
building that was built when people used to have thirty kids and it was built to last. My
colleagues in the estate agency trade tell me the
clinic is well laid out, in good order and represents a great platform from which to grow a
thriving chiropractic practice. I personally would have just said
there is nothing to do here except move your stuff in – and you won't need a great deal
of that.
I am selling everything!
There is everything you need to start in
practice:
one flexion distraction
benches,
two wooden adjusting
tables,
chairs,
desks,
furnishings,
pictures and posters,
bookcases,
You can even have the
books!
Whilst the stuff isn't brand new it all
functions and it all does what it is supposed to do. I reckon everything I am leaving would set
you back about £15,000 should you need to buy it in from scratch.
But you don't need to!
And that makes the clinic even more of a
steal.
The practice is well laid out with
great opportunity for growth. The property is in good order and ready to proceed without the
need for significant expenditure – just print
your business cards and you are ready to start!
If you are an existing chiropractor looking for
an opportunity to put their mark on the profession, or an associate now looking to own your own
practice or move location, - then this is for you. If this is your first clinic at the start of
your career – this clinic will allow you to start busy, get busier and make money without having
to sit and twiddle your thumbs waiting for patients to turn up.
If you
want to sit about playing Fortnite or watching The Witcher – then this clinic really isn't for
you! This clinic is for someone who wants to treat
a lot of people and make a very good living. I can guarantee you will start off with a ton of
eager patients and that there is plenty of scope for expansion.
So really that's all
the information you need to know if you're interested.
Except for the most important
factor:
The price.
This clinic is priced to
sell.
I want to start to take things a little bit
easier as soon as possible and the quickest way to do that is to find someone keen take
over the clinic and build on it's success.
That is why the clinic is priced as low as
it is!
I want to help you grab a bargain so you
can help me transition into retirement over the next few years (that's if you want me to stay on
and help you!).
Why be an associate
when you could own your own clinic?
This is a fantastic opportunity and there are two
ways it could be yours:
Option
One:
The clinic building is valued at
£170,000.
The equipment and furnishings are valued at an easy
£15,000.
The goodwill is £100,000 - which is an absolute
bargain as the average gross turnover is a lot more than that. (I was going to put the gross
turnover here but I didn't want any Tom, Dick or Harry knowing my business just because they
were nosey and had nothing better to do).
This makes a total of
£285,000
However, I want to make this even
more of a no-brainer than it already is!
I am willing to let one lucky sod
grab it all for only £260,000!
Of course payment plans can be arranged to suit
(should that be necessary) and we can arrange those if you are interested. This is a
fantastic bargain you really should be grabbing and I want to make it a reality for
you so I am sure we can come to financial agreement - just as long as you don't expect me to be
lowering the price!
Option
Two:
You can buy the goodwill and lease the practice
from me until you decide you really want to buy it!
I am prepared to rent the property for £1,000 a
month on a three year contract (unless you purchase the practice in the
meantime).
This would be on
a full repairing lease – where you maintain the property and don't make a wreck of my beautiful
clinic. As mentioned above the goodwill is valued at £100,000 therefore that would be
your only investment bar the property rental.
It would take you less than two treatments
a day to cover the rental and after three years you'd have earnt more than enough to have
recouped your investment on the goodwill and have enough left over to buy the property if you
want!
I am also prepared to develop a payment plan
should that be necessary.
Let me remind you once
more...
As it is running at the moment the clinic would
pay for itself in 3-5 years!
If you took it over and a third of the
patients instantly died - this place would still pay for
itself in 5 years!
If you took it over and grow the clinic to its
potential the you would have a fantastic place, a clinic which is even more thriving than it is
now, and it would be all yours in less than 3
years!
You really can't go
wrong...
...and I can prove
it!
If you are interested click here and let me show you some illustrative figures just how
quickly the clinic will pay for itself.
If you are seriously interested drop me an
email at
and we can arrange a time to have a chat and go into more detail. If
you want to haggle and prat about, don't bother emailing – even if you have too much time on
your hands I don't and as I said earlier I can be quite uncouth!
|