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Asking Price$1,550,000
Revenue$650,000 Established1979
Cash Flow$390,000 Employees2 full, 4 part
FF&E$60,000 FranchiseNo
Inventory$10,000 RelocatableNo
Real Estate$1,150,000 Home-basedYes
* Included in Asking Price
The Clinic is well known in Sydney Metropolitan, Country areas and Overseas. Has 8 cubicals as treatment rooms over two levels and impressive reception area. With Client Base of over 6000 people being run 6 days a week, the Clinic created huge recognition and demand among Sydney residents. There is an average of 4 new patients every day! It is not uncommon to get referals from physiotherapist and doctors in the recent years. Clinic is is not only known for Acupuncture services but for Remedial Massage and Chinese Herbal Medicine. Other alternative modalities could be easily incorporated into the system. it is a unique opportunity to purchase property and business combined in one package. Save money and time by seeing patients the day the business is transferred to you. 35% cash patients.Price includes everything in the Clinic including Website as well. Great central location with St Vincent"s Hospital nearby. Very nice interior design with original raw silk paintings. THeme: Calm and soothing atmosphere. We would like to stay to ensure smooth transition to new owner.
Real Estate:
The site is located between the commercial zones of Victoria Street and Darlinghurst Road. It has been used as an Acupuncture Clinic by Daniel Waldman since 1987, a compliant use with the residential (2B) zoning. It is  116,3 square meters with a two storey terrace house in an excellent condition after total renovation 6 years ago. The existing floor space is 174, 8 square meters. The ground floor is level with Hardie Street and built in 1927 on the street boundary incorporating a recessed porch. The site extends from Hardie Street to the rear of Hayden Lane. The rear wall is set back about 4 meters from the back lane allowing space for courtyard with rear lane access. Just lately permit to develop rear area into enclosed storage room with a top roof garden has been acquired. The existing terrace house is entered from Hardie Street via recessed porch into reception space in the front part of this level. A corridor leads past cubicles, beyond a stair to the first floor, to the rear storeroom, bathroom and kitchen area. Kitchen has direct access to the terrace at rear. There is also access to the open space at the rear via a side pathway. The first floor contains 5 more rooms including bathroom.The generous interiors feature, among others, original pressed metal ornate ceilings sand stone walls and timber floors. Upper level offers new timber floors and ceiling                                                                                                                
Property next door, 14 Hardie Street – 1 bedroom terrace house sold end of November 2011 for $800,000 at auction.
The site has been owned and occupied since 1987 by Daniel Waldman, Acupuncturist, whose treatment rooms have been visited by many known athletes, community leaders and locals. This area is an important hospital precinct with many ancillary facilities providing complementary services in the adjacent area. It is also favourably situated between affluent and well sought after Eastern Suburbs, CBD and Lower North Shore.
Facilities:7 Fully motorized tables, one infra red spa table, 7 Far infra red heat domes, 15 electro stimulators, two computers and monitors, three printers, fax machine, shredder, filtered water dispenser, fish tank with live gold fish and water feature, refrigerator, microwave, credit card machine, two desk phones, filing cabinet and herbs cabinet.
Competition:No competition due to good reputation ad quality of the service at the Clinic
Growth Potential:Possible to develop into a Health Centre where either more practitioners would get employed or more alternative modalities get introduced
Training/Support:Training into the existing system of treatment and gradual introduction to clientle avalable
Seller Financing:N/A
Sale Reason:Retirement and moving out of State
Ad #28044
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Daniel Waldman
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