Business for Sale Overview:
The practice has been established for 31 years in a one story professional/medical building which is on a major street and close to freeways. The 1,980 sq. ft. office consists of a recept./waiting room (seats 9), business office, Dr's office, x-ray, 2 Physical therapy rooms, 3 treatment rooms, etc. Practice rents for $5,000/month. This is a 100% Diversified practice with 5% Nutrition. Seller is retiring and is asking $155,000 for the practice and $585,000 for the building. Gross Income for 5/08-9/08 was $111k, in 5/07-4/08 was $298k, in 5/06-4/07 was $354k, and in 5/05-4/06 was $326k. There are 430 patients per month and 5 are new. The payment method is 70% Cash, 10% Insurance, 15% PI, and 5% WC. Office and Seller Hours are Monday / Wednesday 9-12~ 2:30-6; Tuesday / Thursday / Friday 9-12; and Saturday 10-12.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The 1,980 sq. ft. office consists of a receptionist/waiting room (seats 9), business office, Dr's office, x-ray, 2 Physical therapy rooms, 3 treatment rooms, etc. Practice rents for $5,000/month.
NOT Included in the Asking Price:
Real Estate: $585,000.
Reason for Selling:
Retiring.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.