Asking Price: $2,668,632 Gross Revenue: $2,103,612Cash Flow: $933,046 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: $515,392 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Cutting-edge laser, chiropractic and magnetic medical technology practices.
About the Business
Desert office located in medical park and Orange County office located on third floor of medical building adjacent to major hospital. Founded by researcher and best -selling author, Dr. Phillip Yoo, DC, LaserMED is a culmination of 17 years of research around the world to develop non-invasive treatments for pain relief. Dr. Yoo leveraged research, experience, and the latest technology to build a business that diagnoses root causes of pain and treats with non-surgical laser decompression, pulsed electromagnetic field therapy, and stem cell therapies. The avoidance of surgery and medicine to solve a symptom is replaced by the more natural treatment of the root cause of pain. Currently, the doctor holds informative seminars to reach new patients and treats them at two state of the art facilities in Garden Grove and Palm Desert. Dr. Yoo is willing to stay on and conduct seminars or even act as CEO if desired. An office in Costa Mesa was recently integrated into Garden Grove to make operating costs more efficient. This practice is a cash business and not reliant on insurance or medicare making it streamlined and very profitable. Revenue and profit are both increasing.
This practice is a leader in pain clinics utilizing Dr. Yoo's vision and leading the market with the lastest technology.
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