Thriving Chiropractic business for sale in Northeast Orange County!

Orange County, CA
Stock office photo
Asking Price:$275,000
Inventory:$2,000
FF&E:$47,260
Gross Revenue:$450,000
Rent:$3,600/Month
Established Year:1975
BUSINESS DESCRIPTION

Well Established Chiropractic business for sale!

$1M in production billed in 2023.
25,000 Current files (Dr. contracted with many PPO's & HMO's including ASHP, St. Joseph's).
3,000 - 5,000 active files
35-50 new patients per month (Approx. 1-2 new patients daily)
1000 treatments given per month. Dr has given 600,000 treatments during his practice. Diversified practice treats all ages.
Dr.'s treating Technique: Full spine manual manipulation and PT.
PT consists of cold laser therapy & ultrasound therapy.


DETAILED INFORMATION
Location
Orange County, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,900
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
1) Business is a sole proprietorship. 2) No marketing or advertising used. Strictly a referral based business based on excellent reputation in the community since 1975. 3) Dr has been at the same location for the past 22 years. Previous location was nearby. 4) Stable diversified practice. 5) Access to freeway, established community & balanced. 6
Competition
1) Prime location near freeways on a major road. High visibility & established well known business name. 2) Private parking lot. 1900 SF office. 5 treating rooms, 2 offices. Front office & lobby area. Large private parking lot. 3) Digital X-ray machine 300/100 (purchased within the last 5 years) 4) 4 Zenith High Low tables, 2 ultrasound machines (purchased within the last year). 5) First Chiropractor to contract with St Joseph's Health Network in Orange County (Dr. initiated & was interviewed by the Board. Established referral networking in place.)
Growth & Expansion
1) Bio Meridian machine diagnostic (potential gross increase tool) 2) Cold Laser machine (potential gross increase tool) 3) $2000 Approx. per month for inventory equipment (vitamins/supplements etc). Volume could be increased for growth. 4) Office is divisible and can be used for 2 doctors. 5) Bilingual, Spanish speaking Dr and 2 employees. 15 - 20% of patients speak Spanish. More growth is available. Diverse community.
Support & Training
*Dr is requiring a transition of working together to ensure a successful transition for the care of his patients for approx. 6 months (Adjustable as needed). *3 of 4 staff would remain. *Chiro touch software used. Paperless.
Reason for Selling
Doctor is retiring.
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Eric Tingey
Eric Tingey