Chiropractic Practice And Building For Sale
Location California,United States
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1977
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Retiring.
Description The practice has been established for 31 years and located in a one story professional/medical building which is on a major street and close to freeways. The 1,980 sq ft office consists of a recep/waiting room (seats 9), business office, Dr's office, x-ray, 2 Physical therapy rooms, 3 treatment rooms, etc. Practice rents for $5,000/month. This is a 100% Diversified practice with 5% Nutrition. Seller is retiring and is asking $155,000 for the practice and $585,000 for the building. Gross Income for 5/08-9/08 was $111k, in 5/07-4/08 was $298k, in 5/06-4/07 was $354k, and in 5/05-4/06 was $326k. There are 430 patients per month and 5 are new. The payment method is 70% Cash, 10% Insurance, 15% PI, and 5% WC. Office and Seller Hours are Monday / Wednesday 9-12~ 2:30-6; Tuesday / Thursday / Friday 9-12; and Saturday 10-12. Contact for more information on this Chiropractic Practice for sale.
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