Profitable Chiropractic Clinic in Piedmont-Tria...

Piedmont Triad, NC


Asking Price: Annual Revenue:
$545,000 $471,711

Services: Medical, Dental


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RE: Profitable Chiropractic Clinic in Piedmont-Tria... Broker: Shanon Madrid
Owner Financing is Available!

Quick Facts

Asking Price: $545,000
Annual Revenue: $471,711
Net Profit: Not Disclosed
Cash Flow: $245,000
Total Debt: Not Disclosed
FF&E: ON REQUEST
Real Estate: Not Disclosed
Year Established: 1993
Employees: 3
BBN Listing #: 434949171
Broker Reference #: DURHANC001-N97

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Business Overview:

Looking for personable DC to carry on this 28-year community practice in the Piedmont /Triad region of North Carolina. Collections are $470,000 per year on a 3 day a week reduced schedule with net profit of $245,000 on average. This practice could easily accommodate a 5 day a week schedule and price adjustment thereby boosting revenues to $600k per year which is in line with prior years before moving to a reduced schedule. Practice client base is over 4000 patients, and they average 9,200 visits a year. On a weekly basis, they see 9 new patients a week which is driven solely by their visibility on a high traffic, main artery through town which is in the heart of shopping and restaurants. They accept all insurances which provides a great platform for all clients. Nominal competition is in the market and is an excellent opportunity for a turn-key book of business. Current design supports: Business Office, X-Ray, DC Office, and 3 Physical Therapy Room/Adjustment Rooms. Current staff comprises 2 FT personal one of which is a Physical Therapist. Lease is $1,600/mo and landlords are very open to considering an extension. DC would like to stay and work 1-2 days a week which makes this a perfect opportunity for a young DC to take over ownership. If you would like more information, please contact Shanon Madrid at 919-858-6853 Ext 101 or smadrid@sunbeltnetwork.com.

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Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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