Chiropractic Office-Seller will stay for 2 Years

Not Disclosed, FL
Sarasota County

Asking Price: Annual Revenue:
$1,100,000 $1,331,753

Services: Medical, Dental

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RE: Chiropractic Office-Seller will stay for 2 Years Broker: Myriam Cohen
Owner Financing is Available!
$120K down/$100K over 24 months @ 5%./ Other Financing.

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $1,331,753
Net Profit: Not Disclosed
Cash Flow: $421,745
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 13
BBN Listing #: 12034955
Broker Reference #: 1043-16582

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Business Overview:

Very active, growing and profitable Chiropractic Center located on the West Coast of Florida. Fully equipped office. Practice consists of 4 Full Time Chiropractors (includes seller who will stay on for up to 2 years post sale), 1 massage therapist (about to hire another), 1 CA who is an exam doctor, 8 assistants who do billing, therapies and manage patient flow. All employees are expected to stay with practice. Practice consists of 15% PIP Cases.

Practice is located in a high population growth area near the Atlanta Braves spring training headquarters. An estimated 100,000 additional residents are expected to move into the area. Current growth has already essentially eliminated the “snow-bird” season. This summer the practice has seen over 400 additional patients in July, exceeding any previous month over month increase in the 20 year history of the practice.

Excellent opportunity for new grad, or transplant from other area of the country! Low or no attrition of patients!

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Property Features and Assets:

Seller owns building and will negotiate market rate long term lease. Assets = $82,000.

Reason for Selling:

less responsibility in running a business.

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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