Multi-Location N. Dallas Chiropractor For Sale

Dallas County, TX

Multi-Location N. Dallas Chiropractor For Sale

Asking Price:$1,150,000

Cash Flow:$111,055

Gross Revenue:$729,836





Multi-Location N. Dallas Chiropractor For Sale

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Business Description

This well established multi-location N. Dallas practice has been operating for 19 years and combines chiropractic, sports medicine and health spa care for its clients. Assets included in the sales price consist of $2,15M in net accounts receivables and $145,603 of furniture,fixtures and equipment. Its AR collection rate is between 47% to 55%. Its revenue mix is approximately 50% private pay and 50% insurance companies and Law Firm accident related claims & litigation related cases. Strong growth vectors include 1.) hiring a professional debt collection firm to increase its collection AR rates, 2.) external advertising for its posh new day spa and 3.) increased advertising for its spine care and sports medicine offerings. The owner is being forced to sell due to health related concerns and is committed to assist in transitioning the business to the successful buyer for up to 12 months.

Detailed Information

6 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Two N. Dallas locations consisting of approximately 10,000 square feet of space over the two campuses.
This business relies on its strong reputation and customer relationships for repeat business and referrals.
Growth & Expansion:
Increased marketing, advertising and the hiring of a professional debt collection firm to increase the collection of its accounts receivables.
Seller financing subject to buyer eligibility.
Support & Training:
Will train for 4 weeks @ no cost No license is required to operate this business.
Reason for Selling:
Owner wishes to sell due to health problems.

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Murphy Business

Business Listed By:
Murphy Business

Murphy Business & Financial Corporation

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Indicates membership in The Georgia Association of Business Brokers (GABB).

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