60-year Chiropractic Practice

Bellflower, CA (Los Angeles County) (Relocatable)

60-year Chiropractic Practice

Asking Price:$195,000

Cash Flow:N/A

Gross Revenue:$150,000

EBITDA:N/A

FF&E:$50,000

Inventory:N/A

Real Estate:$995,000*

Established:1956

*not included in asking price.

60-year Chiropractic Practice

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Business Description

Exceptionally Equipped & Staffed

Exceptionally equipped & staffed chiropractic practice with 60 plus years of goodwill! "Turn-key” operation, ideal for a new DC or as a satellite office. Retiring DC currently operating 4 days per week and collecting ~$150,000 per year. Strong client base with ~125 new patients and ~2,800 visits per year. Business assets include ~$200,000 in Accounts Receivable, ~$50,000 of equipment (estimated replacement cost of $150,000), computers, software and customer lists.

Asking $195,000 for practice only, with possibility to purchase free standing, 3,315 SF medical office building. Call or email Matthew at 562-285-7570 or Commerical@andersonreg.com for details.

Attached Documents


Detailed Information

Real Estate:
Owned
Not included in asking price
Building SF:
3,315
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business assets include approximately $200,000 in Accounts Receivable, approximately $50,000 of equipment (estimated replacement cost of $150,000), computers, software and customer lists. Real estate is offered at $1,000,000 and includes a 3,315 SF, single-story medical office building built in 1948. Building features an open reception area, ten separate office/exam rooms, a therapy bay, an X-ray room, and four restrooms. Approximately 880 sf is sublet to other practitioners for combined rental income of $3,150 (refer to supplements for detail).
Competition:
The family has been in business for over 60 years and has developed a fantastic reputation and invaluable goodwill within the community. Ideally located near Bellflower Health Center and College Hospital, with easy access to the 91 and 605 freeways.
Growth & Expansion:
Attractive upside potential—current practitioner is retiring after over 50 years and is currently operating only 4 days per week with average estimated annual income of $150,000.
Financing:
All values provided by seller, buyer to verify.
Support & Training:
Receptionist who has been with the practice for over a decade and has developed a strong rapport with existing clients is open to remaining with the practice after sale.
Reason for Selling:
Retiring
Business Website:
http://www.andersonreg.com/listing/cms/9461flower/

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Business Listed By:
Matthew Firth

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