Chiropractic Practice in Western Maine

This successful Chiropractic clinic in western Main is thriving – and ready for a new owner!

He has been in this location since 1998. He has a very attractive, modern 2,400 sq ft office with a comfortable waiting area and office space for his employees.

There are 40 spaces, in his well-maintained parking lot. It is handicap accessible.

The owner reports:

- 110 adjustments per week
- 4-5 new patients per week
- 1157 active (within prior 3 years) patients
- Almost 4,000 total patients in database

The seller is one of the only providers in the area with a VA contract. He reports that 30% of his patients pay with cash. Some elect to pre-pay their copays, for which he offers a discount.
All of this contributes to a very healthy cash flow!

The practice comes with digital x-ray, practice management software, treatment tables and all of the necessary furniture and equipment.

This is unlikely to be a good fit for absentee ownership. An owner/operator is best.

Owner financing is not an option.

Financials

Purchase Price: $525,000
Cash Flow: $171,000
Gross Revenue: $500,000
Inventory: $200,000 +/- (additional to the asking price, subject to final count)
Real Estate: $5,903/month, NNN including CAM
TOTAL ASKING PRICE - $

Employees: 5 FT, 0 PT
Founded: 1998
Reason for Sale: Other Opportunities

Training: The seller will assist in the transition with training and support.