What should I check before buying an IV therapy clinic?

An IV therapy clinic depends on a small number of people and arrangements. If the nurse or the supervising physician leaves, the clinic may not be able to operate the way it did before. So much of your checking is about continuity: who does the work, who oversees it, and whether those arrangements can carry on under a new owner. Start there, then move to the supporting details.

Clinicians and medical oversight

Ask who administers treatments, who provides the medical direction, and how each is engaged. Ask whether they intend to stay and whether any written agreements exist. What the rules require of them is a question for the regulator and your lawyer, so ask both early. Treat the answers as facts to confirm, and look for any gap before you commit.

Equipment, supplies and contracts

List the equipment, its age and who owns it, since leased items may not transfer. Ask which suppliers provide solutions and consumables, whether accounts are in the seller’s name and whether any contract has a minimum term. Check storage and how expiry dates are tracked.

Clients, memberships and referrals

Ask how clients find the clinic: walk-ins, repeat visits, memberships, gyms, events or other practitioners. Find out what happens to prepaid packages and memberships when ownership changes. If part of the business is mobile, ask about vehicles, supplies carried and how routes are booked. Compare this with the checks on a med spa or aesthetics clinic.

• Written agreements with each clinician and the medical director.
• Equipment list showing what is owned and what is leased.
• Supplier accounts and any minimum terms.
• Membership and prepaid package terms.

If you are still looking, see how to find an IV therapy clinic for sale. For a wider view of what to examine in any purchase, the BDC pages listed with this answer cover it.