$330K net profit in Gorgeous + Growing Midwest College Town + Tech Hub

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$330,000 net profit | 25 hour work weeks | $62,000 of nearly new equipment
Asking Price:
 Not Disclosed

Gross Revenue:
$511,000
Cash Flow:
$330,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Growing clinic in highly desirable Champaign, IL, the #2 college town in the US (second only to Boulder, CO!) Clinic features $62,000 of nearly new equipment, including digital x-ray + brand new accuflex table. Rare opportunity to acquire thriving + modern clinic as current owner is moving out of the state. New owner will enjoy 60% profit margin and $330,000 net profit in just 25 hours/week if clinic is run fully owner operated - or keep the associate for an even more balanced schedule (DC currently only works 3 ½ days a week) and take home $300,000+. Attractive + modern clinic was recently renovated. This well-run clinic is a turnkey opportunity for a super smooth transition, with plenty of growth opportunities for easy expansion. Champaign has established itself as the heart of the ‘Silicon Prairie’ with a thriving economy supported by many well-known startups + the university. But the area still retains small town charms - like an average commute time of just 14 minutes, and an average home cost of just $120,000! In a low-cost area like this, that $330,000 net income will go far! And with more than 1,000 acres of public green space, Champaign has been recognized as one of the greenest cities in the US, with plenty of great spots for weekend hiking, biking and canoeing. See pics + details online.

About the Business

Website:
www.progressivepracticesales.com/champaign-illinois
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Listing Info

ID:
1536907
Ad Detail Views:
61

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Business Listed by

Crystal Misenheimer

Progressive Practice Sales

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U.S. Census Data for Champaign County, IL
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Champaign County, IL
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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