Established Chiropractic Practice Since 1999
Location California,United States
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1999
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Other business.
Description Established practice since 1999 (owned by current doctor since November, 2004). The practice is located in a 2-story professional/medical building on a major street in a desirable family residential/commercial areas. This office consists of a reception/waiting room (seats 4), Doctor's office, 2 treatment/adjusting rooms, massage therapy room, and an extra large storage closet. There are 2 public restrooms in the building available for patient use. Rents for $1,893/mo+cams. Has an additional 5 year lease option. Gross income in 2006 (Jan-July) = $130k, and in 2005 = $246k. Seller's services include 30% nutrition and 10% Activator. Seller sees 75% Insurance, 20-25% Cash, 5-10% PI and 1% WC. The office has 3 PT Receptionists, 1 PT Biller, and 2 PT Massage Therapists. Office and Seller hours are Mon/Wed 9am-6:30 pm; Tu/Th/Fri 9am-5pm; and Satu 9am-12am. The equipment is approx. 5 years old. Seller would like to pursue other interests and is asking $145k. Contact for more information on this Chiropractic Practice for sale.
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