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Well Established Chiropractic Practice with Real Estate

Shreveport, LA (Caddo County)

Chiropractic Practice in Shreveport, LA
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Asking Price: $450,000

Cash Flow: $106,000

Gross Revenue: $341,768

EBITDA: N/A

FF&E: $88,000

Inventory: $5,000

Real Estate: $325,000

Established: 1992

Well Established Chiropractic Practice with Real Estate

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Business Description

Well established Chiropractic Practice with Real Estate

Sunbelt Business Brokers of Shreveport presents this 25 plus year old chiropractic practice business for sale. This business is perfect for student fresh out of chiropractic school or for an existing chiropractor who wants to increase their business. If you have an existing practice and have been paying rent for your space, consider acquiring this business for the clients and the real estate included in the sale to increase revenue and lower expenses.

This practice was established in the early 90’s and has maintained a long client list of patients. The approximately 4,000 Sq Ft of real estate was last appraised for $325,000 which means that the $88,000 of equipment, $106,000 of owner’s cash flow, and $5,000 of inventory is being sold for $125,000. The owner purchased a new X-ray machine in January 2019 for $28,000 and the building has 3 brand new HVAC units that costs $35,000 total.

The owner is currently the only chiropractor in this business, but there is plenty of room for 2 plus massage therapists. A new owner could dramatically improve the revenue and cash flow of the business with additional hours, marketing, and bringing in additional chiropractors and therapists. There are plenty of offices spaces to rent out to other health care professionals.

The current owner/chiropractor is willing to stay on for training and transition. They are selling due to a health-related issue with a family member. SBA Financing could be available to a qualified buyer with solid credit and possibly with 10% down payment ($45,000). Business broker can assist interested buyers with sufficient funds in getting qualified for SBA financing.

Agent Chris Sater is sponsored through Sunbelt Business Brokers of Shreveport, sponsoring broker Brandon Bourgeois,225-201-0202. Call or email Chris Sater today for more information, contact Chris Sater at 866-417-4086 or email chris@sunbeltbuysell.com

Detailed Information

Location:
Shreveport, LA
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
4,000
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
4,000 Sq Ft Building with many offices and exam rooms.
Support & Training:
The current owner/chiropractor is willing to stay on for training and transition.
Reason for Selling:
Health of family member
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Contact the Seller

(from currently available funds)
 
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Chris Sater, CMA, MBA

Business Listed By:
Chris Sater

Sunbelt Business Brokers

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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.


Sponsoring Broker:
Darren Williams

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