Owner Financing is Available!
Business Overview:
Multi staffed medical/chiropractic professional office located upper Manhattan parking near by. Specialist on staff. Chiropractor, podiatrist, physical therapist, psychologist, x-ray technician. Equipment valued at $200,000 within purchase price (drx 900;spinal decompression non surgical) very visible corner for professional practice, flourishing, still having growth after 30 years. Great lease landlord pays utilities. This practice is way above normal for chiropractors typical mean gross is 300k. Good will in this extremely profitable; practice is large. Very low operating overhead for this practice. Customer profile and database goes with sale. Typical chiropractor works at 28%. Profit margin here it is over 75%, other income represents rent from podiatrist $9,000 and psychologist $24,000. The more specialties represented in the practice the more the gross. Perfect for many specialties in the wellness field. Equipment is well maintained and will last a long time. This practice finds there is a direct ratio with advertising dollars and gross volume amounts. This practice can be substantially increased by any operation getting into the extremely profitable and needed care business of durable medical equipment and ambulatory service. Both of these types of services are in need by the public now and at the present time in an explosive demand situation. Funding available.
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:
Multi-medical/chiropractic office near very visible Manhattan location. Parking lot across street as well as metered parking 2,000 square feet. Well kept facility excellent lease newer equipment
Market Competition and Expansion:
Competition
Although there are many facilities in the city – this specific practice is well respected among its peers – offer a profession with different expertise of practice to get involved and bring in additional revenue such orthopedic doctor
Expansion
The more fields covered by practitioners the larger the practice can grow
Reason for Selling:
Owner after 30 years wishes to retire to Florida
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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