Printer



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: Kendrick Steele (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:

$400,000

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.