Chiropractic Practice in Western Maine

Asking Price$525,000

Cash Flow
$171,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$500,000

InventoryNot Disclosed

FF&ENot Disclosed

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Chiropractic Practice in Western Maine


Asking Price$525,000

Cash Flow
$171,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$500,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
***This is a confidential sale, not necessarily in the indicated location. ***

This successful Chiropractic clinic in western Maine is thriving – and ready for a new owner!

He has been in this location since 1998. He has a very attractive, modern 2,400 sq ft office with a comfortable waiting area and office space for his employees.

There are 40 spaces, in his well-maintained parking lot. It is handicap accessible.

The owner reports:

- 110 adjustments per week
- 4-5 new patients per week
- 1157 active (within prior 3 years) patients
- Almost 4,000 total patients in database

The seller is one of the only providers in the area with a VA contract. He reports that 30% of his patients pay with cash. Some elect to pre-pay their copays, for which he offers a discount.
All of this contributes to a very healthy cash flow!

The practice comes with digital x-ray, practice management software, treatment tables and all of the necessary furniture and equipment.

This is unlikely to be a good fit for absentee ownership. An owner/operator is best.

Owner financing is not an option.

Financials

Purchase Price: $525,000
Cash Flow: $171,000
Gross Revenue: $500,000
Inventory: Included
Real Estate: $5,903/month, NNN including CAM
TOTAL ASKING PRICE - $

Employees: 5 FT, 0 PT
Founded: 1998
Reason for Sale: Other Opportunities

Training: The seller will assist in the transition with training and support.

*** PLEASE NOTE THAT THIS LISTING DOES NOT OFFER SELLER FINANCING***
About the Business
Years in Operation
27
Number of Employees
5
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,400
Rent
Not Disclosed
About the Sale
Seller Motivation
Other Opportunitites
Transition Support
The seller will assist in the transition
Financing Options
Owner financing is not an option
Listing Info
ID
2314988
Listing Views
1168

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Business Listed by: Charlie MacPherson Inbar Group Inc - Business Brokers and M&A

Listing ID: 2314988 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.