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Acupuncture & Chiropractic Practice For Sale Or Lease

Location  New Jersey,United States
Asking Price Range  < $250K
Gross Revenues  $202000
Net Profit / Cash Flow  $119000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1989
Number of Employees  1 - 3
Inventory  25000
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Owned
Training  I will stay or commute to transition smoothly.
Reason for Sale  Engaged to marry, 90 minutes away.
Description  Acupuncture & Chiropractic practice with or without existing home/office. Ideal location, location, location on busy main drag going into town, near mall & Walmart, connector to 3 major highways. 5 treatment rooms, cash practice, 27-year patient base with thousands of active files. Asking $185,785 for practice. One other D.C. in town, closest acupuncturist is 20 minutes away. Avg. annual income $202,00 taking home $119,000, 28-34 hours/week, 48 weeks/year, >2700patient visits this year; 175 new patients this year with 5-week waiting list. Simple paper records, appointment book; Quickbooks accounting. Great opportunity to expand with more aggressive, higher-tech young doc or group. No X-ray. One hydraulic massage table, one Anatomotor with traction accessories, 2 flat bench, one bench with adjustable face piece. 5 zones heat, office central AC. 4 foot-pedal sinks & lavatory. Rent to 2 massage therapists with established practices. Reference library, hydrocollator, US/LVG, storage closets, 5 Activators, SOT blocks & boards, Dutchman rolls, WQ10's, ion pumping cords, Menda dispensers, Hibiclens wall pumps, washer & dryer, supply cabinets & shelf units, X-ray view box. All brick exterior with handicap access ramp. Home section is 3-bedroom, Large eat-in kitchen, living room, bath with double jacuzzi & bidet. Hypoallergenic all-wool carpeting. $265,000 sale or lease with option to buy. Parking lot for 5-8 cars. Brick patio, gardens. Full attic where records are stored & basement with bath, washer & dryer, & workbench. Must relocate 90 minutes away due to engagement. (856) 939-1182 Fax. Own adjoining property if interested in larger commercial operation. Building is suitable for any type of medical practice.
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