Chiropractic Practice - Partial Businesses For Sale in Utah,United States at FranchiseLeader.com - Buy Franchises, Sell Franchises, Franchise Businesses for Sale

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Chiropractic Practice - Partial

Location  Utah,United States
Asking Price Range  < $250K
Gross Revenues  $600000
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1998
Number of Employees  4 - 5
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Reason for Sale  Moving.
Description  Partial Chiropractic practice for sale. Unique opportunity to buy part of a current established practice. Current practice has had 1 doctor for 6 years and then 2 doctors for a year and a half. Third doctor bought in 4 months ago and business has been booming. Only selling due to moving out of state (not job related). I truly hate to walk away from this practice. Also employed are another part-time chiropractor and a part-time massage therapist. Practice is owned 3 equal ways between the doctors (33.3% each). Well established chiropractic practice in 2,100 SF leasehold facility. 2006 (based on past 4 months with 3 doctors) gross income should be $ 780K based on current ($65K average per month). 2005 Gross income of $530K (only had 2 doctors in 2005). Good profitability with yearly income range to current owner(s) of $60-90,000 (per owner) . Great receptive patient base with over 8,500 treated visits in 2005. In the last 4 months average patient visits were 950 per month. Office averages 52 new patients a month.‹¨« Payer mix is mostly fee for service (cash) and some insurance. Great opportunity in a rapidly growing area in a office that you can walk right into and be making money the first day. Seller moving/motivated seller. PRICE REDUCED! Selling my third of practice for $103,000. Serious buyers only. Email or call 801-571-6188 or 360-601-1966 for more information on this Chiropractic Practice business for sale. Partial Financing an option.
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