Active
50 year established Profitable chiropractic Office
This chiropractic practice in the Mid- South has maintained and grown its loyal client base for 50 profitable years. Even through changes in ownership, the prime location and exceptional staff have cemented its reputation as a reliable go-to for chiropractic and massage therapy services.
The demand for chiropractic care is growing in its area and across the United States. This practice's longstanding reputation for half a century sets it apart from its competition.
The owners are seeking to move to another state.
Highlights
- 50 year history of profits
- Prime Location
- Loyal patients
- Well-equipped
- In-house masseuse (additional $60k revenue)
Listed By: Jack Pritchett (CBI)
Background information
Reference:
N177-JP
Year established:
50 Years
Reason selling:
Owner seeking to move to another state
Finance
Sales:
$512,397
Profits:
$270,904
Profit type:
Discretionary Earnings
Operations
Inventory:
$3,000
Furniture fixtures and equipment:
$93,280
Premises
Square footage:
1900
Rent and lease terms:
Property is available to lease.
Location:
Highly visible, longstanding location.
Opportunities
Market:
The demand for chiropractic care is growing in the area and across the United States. This is due to the increasing awareness of the benefits of chiropractic care for a variety of conditions, including back pain, neck pain, and headaches. The area does have competition but that is what makes this opportunity so valuable as the practice has half a century of establishment.
Price and terms
Price:
$629,000
Financing:
Seller Financing Available
Training:
The seller is willing to provide training to the new buyer for 3-6 months as needed. The training will cover all aspects of the business, including patient care, marketing, and financial management.