Well Established Chiropractic Practice with Real Estate

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Asking Price:
$125,000

Gross Revenue:
$341,768
Cash Flow:
$106,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
included in asking price

FF&E:
$88,000
included in asking price

Real Estate:
$325,000
not included in asking price

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Business Description

Sunbelt Business Brokers of Shreveport presents this well established chiropractic practice business for sale. This business is perfect for student fresh out of chiropractic school or for an existing chiropractor who wants to increase their business. If you have an existing practice and have been paying rent for your space, consider acquiring this business for the clients and the real estate included in the sale to increase revenue and lower expenses.

This practice was established in the early 90’s and has maintained a long client list of patients. The real estate was last appraised for $325,000 which means that the $88,000 of equipment, $106,000 of owner’s cash flow, and $5,000 of inventory is being sold for $125,000. The real estate is available to buy or lease.

The owner is currently the only chiropractor in this business, but there is plenty of room for 2 plus massage therapists. A new owner could dramatically improve the revenue and cash flow of the business with additional hours, marketing, and bringing in additional chiropractors and therapists. There are plenty of offices spaces to rent out to other health care professionals.

The current owner/chiropractor is willing to stay on for training and transition.

Agent Chris Sater is sponsored through Sunbelt Business Brokers of Shreveport, sponsoring broker Brandon Bourgeois,225-201-0202. Call or email Chris Sater today for more information, contact Chris Sater at 318-525-7349 or email chris@sunbeltbuysell.com

About the Business

Location:
Shreveport, Louisiana
Year Established:
1992
Number of Employees:
4
Real Estate:
Owned
Building Sq. Ft.:
4,000
Facilities:
4,000 Sq Ft Building with many offices and exam rooms.
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About the Sale

Reason For Selling:
Health of family member
Training/Support:
The current owner/chiropractor is willing to stay on for training and transition.

Listing Info

ID:
1646665
Ad Detail Views:
0

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Business Listed by

Chris Sater, CMA, MBA

Sunbelt Business Brokers
License# SALE.0995698288-ACT

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Memberships:

Sponsoring Broker:

Darren Williams
Sunbelt Business Brokers


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