Business For Sale Listing 158673
Well Established, Newly Remodeled Practice
Status as of Jan-7-2009 at 05:59 PM: Active
Business Summary
Seller MOTIVATED This long established practice of 45 years is located in California’s state capital city. The practice is in a free standing building which is highly visible from its location on a busy street, and its close proximity to freeways. The practice was remodeled 5 years ago. The 3,600 sq ft office consists of a reception/waiting room (seats 11), Dr office, business office, 2 treatment rms, 2 physical therapy rms, 2 x-ray rm (dark rm, with storage, x-ray & exam), 2 adjusting rms, etc. This practice utilizes 99% diversified/gonstead techniques and 1% activator. The lease terminates in 5/09, has renewable options and rents for $3,700/mo. Seller is moving and is asking $125,000. The gross income in 2008 (7mo) was $138k, in 2007 was $283k, and in 2006 was $406k. There are 179 monthly patients seen and 15 are new. The payment consists of 49% PI, 32% Cash, 11% Insurance, and 8% WC. There are 2 full time employees a receptionist and a biller that work in the practice. The office and assistants hours are Monday – Friday 9am-6pm. The sellers hours are Monday – Friday 9am-12; and 4-6 pm, Tuesday 4-6pm and Thursdays vary.
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand |
| Profits: |
Between $100 Thousand and $500 Thousand |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2008 |
| Asking Price: |
Between $100 Thousand and $500 Thousand ($125,000) |
