Business for Sale Hong Kong – a Highly Profitable and Well-established Physiotherapy Practice

Exclusive Investment Opportunity

Business for Sale Hong Kong – a Highly Profitable and Well-established Physiotherapy Practice

This is an exceptional opportunity to acquire Seller, a highly profitable and well-established physiotherapy practice located in Central, Hong Kong. The management team believes that current market conditions offer a prime opportunity to sell the business.

Key Highlights

• Profitable and Proven Model: A profitable physiotherapy practice with remarkable, proven, and sustainable growth since the start of 2025.

  
  

• Loyal and High-Value Client Base: The practice boasts a loyal patient base. Over 95%+ of clients are corporate workers with good credentials.

  
  

• Strong Financial Performance: The business has demonstrated strong financial performance and growth potential, despite the challenging Hong Kong economy.

  
  

• Favorable M&A Climate: Improvements in Hong Kong's economy are favorable for Mergers & Acquisitions (M&A) activities.

Financial & Performance Snapshot (2025)

The business has shown significant growth in 2025, supported by key operational milestones and a robust customer base.

Metric	Detail
Total Projected Revenue (2025)	HK$5,234,980
Expected Valuation (Multiple)	HK$19,500,000 to HK$26,000,000 (US$2.5M to US$3.3M)
Valuation Method	3X to 4X Revenue Multiple of a Physiotherapy Business
Total Client Base	1,442 (as of Nov 16, 2025)
First-Time Customer Conversion	Average 70%+ organically within 2025
Repeating Customers	Minimum of 20 renewing a package on average of HK$13,500

Revenue Growth Trend (2025)

The company recorded significant Year-over-Year (YoY) percentage growth vs. 2024, including a peak of 101% in October.

• Q4 2024: Expanded new clinic space.

  
  

• Q1 2025: Hired Channel Manager to expand client outreach.\

  
  

• Q2 2025: General Manager onboarded.

  
  

• Service Expansions: Now includes beauty and wellness services in addition to physiotherapy treatments.

  
  

• Clinic Spaces: Two spaces totaling $1,200~sq/ft.

Future Growth Potential (2026-2027)

The business is positioned for continuous growth, with a strategy focused on becoming the leading integrated health and wellness hub in the region.

Metric	Detail	Source
Expected Revenue in 2026	HK$6,500,000
Expected Revenue in 2027	HK$8,500,000

2026 Expansion Plan (Alternative to Sale)

The company has a two-phase expansion plan to achieve and sustain over HK$500,000 in monthly revenue by diversifying services and improving retention.

• Phase 1 (Q1-Q2 2026): Hire one additional Senior Health Consultant and one additional Physiotherapist to reduce wait times and increase core revenue.

  
  

• Phase 2 (Q3-Q4 2026): Expand a new unit in the same building for a dedicated Gym, Clinical Pilates, and Gyrotonic exercise space. This is projected to generate HK$150,000 to HK$300,000 in additional monthly revenue by capturing the entire client journey from injury to peak performance.

Expected Sale Timeline

The proposed exit strategy is a clear and disciplined three-phase approach, targeting a successful exit by June 2026.

Phase	Timeline	Key Activities
Phase 1	Q4 2025	Solidify financials with year-end audit. Prepare investment memorandum.
Phase 2	Q1 2026	Secure NDA (Non-Disclosure Agreement) and Letter of Intent. Prepare the investment data room for buyers.
Phase 3	Q2 2026	Confirm the Sales and Purchase Agreement for Closing. Shareholders' Investment Distribution.

Key Sponsorships and Events

The company has engaged in various key sponsorships and corporate wellness initiatives, indicating a strong presence in the fitness, sports, and corporate sectors.

Sports & Club Sponsorships

• Country club IFT World Tennis Masters Tours MT 700 2025

• Tova HK private members club 2025

• Hong Kong Yacht club Royal X Dragon boat 2023

• Hong Kong International Functional Fitness Championship 2023

• Hong Kong Pan Asia - Frisbee tournament 2023

• Kroll VRC Race Series 2023

  
  

Corporate Wellness Day

The company has partnered with several major corporations for wellness days:

• Morgan Stanley

• Bank of America

• Prudential

• Nataxis

• Standard Chartered Bank

• Centricity

  
  

These sponsorships and events showcase the company's reach into high-value client segments, particularly corporate workers, which aligns with the finding that 95%+ of clients are corporate workers with good credentials.

Here is a review of the expected company valuation and the expected timeline for the sale for Seller.

Expected Company Valuation

The business is targeted to sell at a valuation of HKD 19,000,000 to HKD 26,000,000.

This valuation range is based on the following financial projections and industry multiples:

• Expected Revenue Multiple of a Physiotherapy Business: 3X to 4X.

  
  

• Expected Revenue in 2026: HK$ 6,500,000.

  
  

• Expected Revenue in 2027: HK$ 8,500,000.

  
  

Valuation Breakdown:

Metric	Hong Kong Dollars (HK$)	US Dollars (US$)
Minimum Expected Valuation	19,500,000	2,506,427
Maximum Expected Valuation	26,000,000	3,341,902

Note: The business's current Cash position as of 16/11/2025 is HK$ 625,031.91.

Expected Timeline for the Sale

The management team's approach is a clear and disciplined three-phase strategy to secure a successful exit by June 2026.

Timeline	Key Activities
Q4 2025	Solidify Financials with the year-end audit. Prepare investment memorandum.
Q1 2026	Secure NDA (Non-Disclosure Agreement) and Letter of Intent. Prepare the investment data room.
Q2 2026	Confirm the Sales and Purchase Agreement for Closing. Shareholders' Investment Distribution.

Process Overview:

1. Investment Memorandum: Gold House M&A will prepare an investment memorandum for public distribution to potential buyers.

   
   

2. NDA and Data Room: Once an official NDA is established, a presentation will be shared, and access to the data room will be provided for buyers only.

   
   

3. Confidentiality: The company will not be able to share any sensitive information with potential competitors.

   
   

How Gold House M&A Can Transform Your Acquisition Strategy: A Buyer's Essential Guide

Business for Sale Hong Kong – a Highly Profitable and Well-established Physiotherapy Practice

Gold House M&A is a boutique advisory firm specializing in navigating the complexities of middle-market mergers and acquisitions (M&A). For buyers looking to achieve strategic growth, expand market share, or diversify their portfolio, a dedicated buy-side advisor like Gold House M&A is essential.

Our expertise ensures that your acquisition is not just a transaction, but a carefully executed strategy that maximizes value and minimizes risk.

Here is a breakdown of how Gold House M&A helps buyers achieve a successful acquisition.

1. Strategic Planning & Targeted Deal Sourcing

The foundation of a successful acquisition is a well-defined strategy. Gold House M&A focuses on aligning the transaction with your long-term business objectives.

• Defining the Acquisition Thesis: We help the buyer articulate the core strategic goals: are you seeking new technology, market expansion, cost synergies, or talent acquisition? This clarity prevents "trophy hunting" and ensures a strategic fit.

  
  

• Proprietary Target Identification: Leveraging an extensive network and deep market knowledge (particularly in sectors like Healthcare, Technology, and Financial Services), the firm conducts exhaustive market research to identify targets that are often not publicly listed (the "hidden market").

  
  

• Initial Due Diligence & Vetting: We filter potential targets against your established criteria, saving your internal team countless hours. This involves initial, confidential outreach to gauge seller interest and verify basic financial viability before entering formal negotiations.

2. Expert Valuation and Financial Modeling

Determining the fair market value of a target company is one of the most critical and complex steps. Gold House M&A provides objective financial analysis to ensure you don't overpay.

• Accurate Valuation Methodologies: We utilize industry-specific metrics and proven methodologies (e.g., Discounted Cash Flow, comparable transactions) to establish an objective valuation range.

  
  

• Synergy Analysis: A critical buy-side service is quantifying the realistic value of potential synergies (cost savings and revenue increases) that can be realized post-merger. This forms the basis of the premium you are willing to pay.

  
  

• Deal Structuring: Our advisors help structure the transaction in a financially advantageous way, considering variables like payment methods (cash, stock, earnouts) and managing tax implications to optimize the final cost of acquisition.

3. Comprehensive Risk Mitigation through Due Diligence

Acquisitions are inherently risky. The primary role of a buy-side advisor during the Due Diligence (DD) phase is to uncover hidden liabilities, validating the seller's claims and protecting the buyer’s investment.

Due Diligence Focus	How Gold House M&A Helps the Buyer
Financial	Analyzes quality of earnings, recurring revenue, working capital requirements, and unrecorded liabilities. Reduces the risk of post-close financial surprises.
Legal & Compliance	Vets contracts, litigation exposure, intellectual property (IP) ownership, and regulatory compliance. Ensures a clean transfer of legal assets and minimizes future lawsuits.
Operational & Commercial	Assesses the quality of the management team, customer concentration risk, and operational scalability. Confirms the target can actually deliver the projected growth and synergies.

4. Skilled Negotiation and Deal Management

M&A negotiations can be emotionally charged and highly technical. Our advisor acts as a dispassionate, expert representative for the buyer.

• Maintaining Objectivity: We shield the buyer from the emotional aspects of the deal, maintaining a strong, objective negotiating position based on data discovered during due diligence.

  
  

• Optimizing Terms: Beyond just the purchase price, we negotiate critical terms such as indemnities, representations and warranties, and post-closing adjustments (like escrow), ensuring the deal structure protects the buyer's interests.

  
  

• Process Efficiency: M&A processes are time-consuming and can distract executive teams. Gold House M&A manages the entire process—from scheduling to coordinating legal, accounting, and tax advisors—to ensure a smooth, efficient path to closing.

5. Post-Acquisition Integration Support

The real value of an acquisition is created during the post-merger integration (PMI) phase.

• Integration Planning: We help develop a detailed roadmap for combining systems, cultures, and teams, often starting this planning well before the deal closes.

  
  

• Realizing Synergies: By actively managing the early integration efforts, Gold House M&A helps the buyer quickly achieve the cost savings and revenue increases that justified the acquisition price.

By partnering with an experienced firm like Gold House M&A, buyers gain a competitive edge, ensuring they find the right target, acquire it at the right price, and successfully integrate it for long-term value creation.

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