A solo-run Podiatry practice in Ledbury, located in Herefordshire close to the Gloucestershire and Worcestershire borders.
Overview: The practice is a great opportunity for a Podiatrist/Chiropodist to take on their own business and to benefit from the multi-generational loyalty of the patients. The clinic has been growing via word of mouth in the local community for the past 25 years due to the excellent service provided by the owner. Evidence of the excellent service can be seen from 100% 5* google reviews rate.
The business has a turnover in excess of £74k.
Reason for sale: The vendor is looking to retire.
Premises: Leased premises located on a boutique high street in the heart of a picturesque Herefordshire town alongside many other independent and well-known businesses. The practice is a 15-minute walk from the local train station and as the town is connected to many other local towns via A-roads, this allows for customers to travel and park with ease.
The vendor’s lease expired in October 2022, and they currently have a rolling lease each year under the same terms. A new lease will need to be agreed with the landlord if a successful offer is accepted. The new lease will start simultaneously with the business sale.
Potential: The clinic currently operates at half capacity due to the owner’s lifestyle preference. This means that the practice is a great opportunity for a podiatrist who is willing to increase the treatment hours. This could grow the number of treatments performed, if done in conjunction with an uplift in advertising.
The practice is also a great opportunity for individuals seeking a healthy work-life balance while still achieving financial success. With the number of treatments performed currently there is potential to yield an income in excess of £40,000 for a 3–4-day work week.
Summary: This is an excellent acquisition opportunity, offering scope either to grow the turnover or to maintain at current half-capacity and earn a decent income while maintaining strong work-life balance.
Price: Price on application.
What to do next: To find out more information about this exciting opportunity contact Elliott Booth on 0161 929 8389 or by email at [email protected] for more information.
Thinking of Selling Your Podiatry Practice? See how successful succession planning works in our latest case study: Selling Your Chiropody Practice – This is What Good Succession Planning Looks Like.