Maggie Moyer Acupuncture
New Freedom, Pennsylvania
Own an established acupuncture practice in Pennsylvania
Learn more about this extraordinary opportunity to step into a profitable practice in a gorgeous area, currently offered at an amazing price!
Why work hard for 10 years to start an acupuncture practice when you can own one in a month or two? Check out this unique opportunity to own a well-established, turn-key, all-cash practice with huge upside potential in one of the most appealing parts of the country. The Chinese medicine practice of Maggie Moyer is located in the verdant oasis of New Freedom, Pennsylvania, within commuting distance of Baltimore and a couple of hours from Washington, DC. With an active and health-conscious population and a decade of consistent return business, the opportunity to have an abundant practice drawing from a large rural and metropolitan area is available from the moment you step in.
Imagine making over $50,000 per year with plenty of time off. No additional marketing necessary--the reputation of this practice keeps a steady flow of patients streaming in. Years of records and consistent patient flow mean you’ll continue to keep your costs predictably low.
Add more hours, expand your offerings, accept insurance, or sublease your space, and you can add even more success to an already thriving practice.
Whether you are a practitioner who is just starting out, or an established clinician with some years under your belt, this practice offers you the chance to hit the ground running. Step into this rare, once-in-a-lifetime, turn-key opportunity to run the practice of your dreams in one of the most beautiful, historic, peaceful communities in the country.
Call or email us today, come by and spend some time here, and be thriving in a few short months.
Learn much more below.
Income & Expenses
Opportunities for Growth
Video & Photos
- With a population of just under 5,000 people. New Freedom, Pennsylvania is located 30 miles north of Baltimore and 38 miles south of Harrisburg, Pennsylvania.
- Often called a “bedroom community” for Baltimore commuters, surrounding York County offers big-city amenities with small-town charm.
- The clinic draws from all over the county, whose growing population sits at about 500,000 people.
- While continuing to embrace its agricultural roots, the area has evolved into a manufacturing and business hub. Major companies with roots here include Harley-Davidson, York Barbell, Voith Hydro, York International, Utz Quality Foods, Snyder's of Hanover, BAE Systems and more.
- But it's more than just the bustling local economy that has made York County one of the fastest-growing counties in all of Pennsylvania. Here you'll find great schools, a low cost of living, quality health care and boundless entertainment opportunities.
- The office consists of a large waiting/reception area, 2 treatment rooms, a kitchen/office, and a bathroom. It has abundant free parking and easy access to traffic-free streets.
- The space is modern and tastefully decorated, and the clinic maintains a close relationship with nearby health providers and the local community, from which it receives many referrals.
- This is a non-specialty practice, seeing everything from subclinical and acute orthopedic conditions to chronic issues that have not responded to other medical interventions.
- Current specialties include pre- and post-surgical pain, allergies and sinus issues, women's and reproductive health issues, fatigue, anxiety, and stress.
- The patient population has spanned from children to great grandparents and everyone in between. While the clinic is relatively balanced between male and female patients, the majority of the current patient load consists of women between the ages of 30 and 60.
- The current owner sees an average of 15-20 patients per 5-day week.
- Most patients continue to come in for maintenance on a consistent basis, and all patients pay in full at the time of service. No insurance billing!
- Most patients are from communities within 20 miles of the office. Given the owner’s long history in the area, almost all patients are referred by word-of-mouth, many from local practitioners and friends and family.
- The current owner is happy to provide years of past calendars to prove consistent patient volume.
- The current owner has been quite uncomplicated in the methods she uses to treat patients, primarily employing Zang-Fu and channel theory diagnosis and treatment methodologies. She employs cupping, gua sha, and electroacupuncture as needed.
- The current owner does not prescribe herbs or supplements.
The following income and expense summaries are derived from an average of income and adjusted* expenses from 2019-2021. Note that the current owner has office hours five days per week and takes up to three weeks off per year.
Average gross yearly revenue (three years): $52,432 ($4,369/month)
Average adjusted* expenses: $16,612 yearly ($1,384/month)
*Adjusted expenses are the net expenses that a new owner would have to take on in order to run the business at the same level of revenue as the current owner
Average $35,820 per year ($2,985/month)
- The price is based on a conservative professional valuation of $56,770 with an average yearly gross of $52,432 for the past several years.
- The owner’s motivation to sell in a timely fashion has allowed her to be flexible in her pricing. She expects the right person will retain her patients and transition smoothly, making this a great opportunity for the buyer.
- The purchase will be structured as an asset purchase agreement and may be drawn up between buyer and seller (preferred) or by attorneys, at the discretion and by agreement of both parties.
- Approval of the buyer is subject to a credit check, and loans from medical practice brokers, banks, or the Small Business Administration (SBA) may be available to finance the transaction depending on the buyer’s creditworthiness.
- The seller may also be willing to hold a loan for the right buyer.
- Upon purchase, the new owner will receive all patient records and equipment.
- The current owner will also transfer to the new owner all clinic-related intellectual property, including the clinic phone number, Facebook page, Acuity scheduling system, and clinic-related financials.
- The landlord is willing to transfer the lease or start a new one, and the current owner will facilitate interaction with the landlord in order to secure favorable lease terms.
- The current owner’s goal is to surrender the practice by the end of 2022. She would be willing to stay on for a limited time to train a new owner in her techniques and to assist in the transition, if so desired by the new owner, at no additional cost.
While the current practice nets a healthy return, a motivated buyer could significantly increase their income upon acquisition through a number of simple changes.
- Work more hours. The current owner has limited office hours five days per week, leaving plenty of room to work more hours in the clinic as needed, which would obviously increase revenue.
- Add additional practitioners. In addition to or in lieu of working more hours, the practice could easily support at least one more provider during the times when the office is unoccupied.
- Sublease space. Instead of or in addition to adding practitioners, a new owner may opt to lease out available space to an allied practitioner when the office is not being used.
- Accept insurance. The practice is proud to be a low-maintenance, all-cash practice. An enterprising new owner could certainly attract more business by accepting and billing insurance.
- Do some marketing. The practice does no consistent marketing outside of its web presence. There are file cabinets and a database full of patient information that could be used for marketing directly to current and former patients, but the clinic has been busy enough that these resources have not been leveraged. Doing any kind of additional marketing would create more opportunities for an increase in new patients and a return of pre-existing patients.
- Improve online presence. The current owner has been successful without putting too much effort into maintaining an ongoing online presence. Creating a clinic website, blogging, participating in more social media, paid online marketing, and doing some email marketing all hold great potential to improve awareness of the clinic in order to generate more revenue.
- Sell herbs and supplements. The current owner does not prescribe herbs or supplements. Giving patients the option of herbs and supplements offers another opportunity for increased revenue.
A Virtual Tour of New Freedom, Pennsylvania
Photos of the clinic (click to enlarge)
Take advantage of this once-in-a-lifetime opportunity to step into an established, turn-key, low-maintenance practice in an amazing location! Call (717) 968-6574 or click here to email us today.
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