Diversified Chiropractic Practice For Sale
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1991
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Seller retiring.
Description This city is considered the easternmost city in the San Francisco Bay Area before entrance to the Central Valley. The practice has been established for 17 years and located in a strip mall which is highly visible and close to freeways. The 1,000 sq ft office consists of a recep/waiting room (seats 8), 3 adjustment rooms, etc. Practice rents for $1,575/mo. This is a 100% Diversified / Gonstead practice. Seller is moving out of state and is asking $295k. Net Income in 2007 was $236,501, in 2006 was $235,978, and in 2005 was $252,714. Seller sees 800 patients/mo and 12 are new. There is 60% Cash, 30% Insurance, and 5% ea: PI, WC in the practice. There are 2 PT Chiropractic Assts that work in the practice.
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