Chiropractic Office - Prime Location/Seller Financing
Asking Price: | $170,000 |
Gross Revenue: | $255,601 |
FF&E: | $54,000 |
Cash Flow: | $85,619 |
Inventory: | $8,000 |
Established Year: | 1982 |
Chiropractic office willing to offer seller financing and turnkey
Well-established practice, listed at 2x income. Over 100 new patients in 2023, with an average bill amount of $93.04 per visit, this practice enjoys a solid foundation for future growth being that is currently only open 3 days per week (there is patient interest to be a 5+ day a week practice). This practice has a collection rate of 49%+, and an insurance pay mix of ~92% insurance versus ~8% cash patients. The primary focus is on chiropractic care while integrating some physical therapy modalities such as EMS, ultrasound, and spinal decompression. Located in a prime area with a beautiful facility, the seller is committed to offering seller financing and comprehensive training/onboarding to ensure a seamless transition.
Key Highlights:
Strong Growth Prospects: Expanding days and hours will automatically increase top line revenue. The practice brought in 100 new patients in 2023, with an average bill amount of $93.04 per visit being open only 3 days per week.
Seller Financing: The seller is open to providing financing options for qualified buyers, making this opportunity accessible to a broader range of chiropractors.
Prime Location: Situated in a prime location, this practice enjoys high visibility and accessibility, contributing to a steady patient flow.
Training and Onboarding: Comprehensive training and onboarding will be provided by the seller to ensure a seamless transition of ownership and continuity of care.
Attractive Valuation: Listed at just 2x income, this chiropractic practice offers excellent value for those seeking a strategic investment in the healthcare sector.
This chiropractic practice offers a unique opportunity for both experienced practitioners and newcomers to the field. With its favorable valuation, growth potential, diverse service offerings, and prime location, it is well-positioned for success. Don't miss the chance to own and operate a thriving chiropractic practice in a sought-after location.
For additional information please contact listing agent Sam Meister at 484-332-9282 or samuel.meister@fcbb.com