Physical Therapy With Traditional Chinese Medicine
Relocatable, TX Harris County
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- RE: Physical Therapy With Traditional Chinese Medicine
- Contact: Austin Zhao
Quick Facts
| Asking Price: | $248,000 | |
| Annual Revenue: | $407,798 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $222,323 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $30,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2014 | |
| Employees: | 2 | |
| BBN Listing #: | 935022 | |
| Broker Reference #: | 76931-414935 |
Business Overview:
TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF #76931-414935
This clinic established in November 2014, specializes in physical therapy and chiropractics with traditional Chinese medicine treatments. It provides services for pain and stress release through acupuncture, massage therapy, cupping, and herbal steam. It also offers ear candles, seeds, and lymphatic drainage services. There are two locations in the northern part of Houston. One is a leased property of 2,000 sq ft, The current annual rent for the lease property is $38,800, including NNN. Another one of 1013 sq ft is owned by the seller. The owned property can be leased or purchased at the buyer's option. The price of the owned property is $210,000. If it is leased, the annual rent is $15,750 plus NNN of $9,230, totaling $24,980. The total revenue of the two locations in 2022 was $407,798 with an EBITDA of $ $124,079 and SDE of $222,323. The price for the business is $248,000. Seller financing is available to qualified buyers. Currently, the business is owner operated. The owner is a Chinese medicine doctor with a license.
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Property Features and Assets:
Monthly Rent: $38,800.00
Square Units (Foot, Meter): 2,000
Lease Expiration Date: April 29, 2024, 10:00:00 PM
Terms Options: Negotiable
FF&E Overview: to be provided
FF&E General Condition: in very good working condition
Reason for Selling:
Seller wants to focus on her profession in traditional Chinese medicine due to her limitation in management and operations
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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