Asking Price: $350,000 Gross Revenue: $403,640Cash Flow: $149,347 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $2,500 not included in asking priceFF&E: $80,180 included in asking priceShare 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.
EXCELLENT OPPORTUNITY TO TAKE OVER AN ESTABLISHED CHIROPRACTIC PRACTICE AND START MAKING MONEY FROM DAY 1. LOWEST RENT & OVERHEAD YOU WILL FIND.
Well established and highly profitable Chiropractic and wellness center located across the beach. Additional services include massages and facials. Revenues are generated by working only 3.5 days a week.
Low rent and tight control on costs. All fixed monthly costs can be covered with less than $ 3,000.00. Excellent demographics. High reputation/reviews and high rate of repeat clients with lots of walk ins due to its high visibility and pass by traffic. No advertisement at all. Only Chiropractic practice in a 5 mile radius. .
Clean financials. Tax return showing Net Income of $ 149,347 for 2017. ALL VERIFIABLE. 2018 financials looking stronger than 2017's. Excellent opportunity for someone that wants to take it over and continue it. If you are a DC looking to become independent by building your own practice THIS is it. Take control of your financial future before this opportunity is gone!
THIS BUSINESS IS BEING SOLD TURN KEY. EVERYTHING NEEDED TO OPERATE IS INCLUDED (EQUIPMENT, STAFF, REVIEWS, WEBSITE, PATIENT’S LIST WITH CONTACT INFORMATION ETC..) COME PREPARE TO WORK & START MAKING MONEY ON DAY 1.
Huge growth potential since NO advertisement is done. High number of condos, homes and businesses near by that have never been targeted for marketing. If practice was to be open 5 days a week revenues would increase at least 30% and turn it into a multi million dollar practice. Ideal for a DC or someone with good managements skills that can maximize what is already in place and expand the business.
Established & Profitable Chiropractic & Wellness Center
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