Chiropractic Office - Prime Location/Seller Financing
Somerdale, NJ

Well-established practice, listed at 2x income. Over 100 new patients in 2023, with an average bill amount of $93.04 per visit, this practice enjoys a solid foundation for future growth being that is currently only open 3 days per week (there is patient interest to be a 5+ day a week practice). This practice has a collection rate of 49%+, and an insurance pay mix of ~92% insurance versus ~8% cash patients. The primary focus is on chiropractic care while integrating some physical therapy modalities such as EMS, ultrasound, and spinal decompression. Located in a prime area with a beautiful facility, the seller is committed to offering seller financing and comprehensive training/onboarding to ensure a seamless transition.

 

Key Highlights:

 

Strong Growth Prospects: Expanding days and hours will automatically increase top line revenue. The practice brought in 100 new patients in 2023, with an average bill amount of $93.04 per visit being open only 3 days per week.

 

Seller Financing: The seller is open to providing financing options for qualified buyers, making this opportunity accessible to a broader range of chiropractors.

 

Prime Location: Situated in a prime location, this practice enjoys high visibility and accessibility, contributing to a steady patient flow.

 

Training and Onboarding: Comprehensive training and onboarding will be provided by the seller to ensure a seamless transition of ownership and continuity of care.

 

Attractive Valuation: Listed at just 2x income, this chiropractic practice offers excellent value for those seeking a strategic investment in the healthcare sector.

 

This chiropractic practice offers a unique opportunity for both experienced practitioners and newcomers to the field. With its favorable valuation, growth potential, diverse service offerings, and prime location, it is well-positioned for success. Don't miss the chance to own and operate a thriving chiropractic practice in a sought-after location.


Listing Number:

22337

Category:

Practice Sales - Medical/Dental/Vet,Retail,Service - Personal B2C

Location:

Somerdale, NJ
$135,000

Financial Information:

Gross Revenue:

$255,601

Listed Price:

$135,000

Down Payment:

$0

Total Income:

$85,619

Year Established:

1982

Lease Information:

Square Feet:

2055

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$54,000

Inventory:

$8,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

2

Part-Time Employees:

1

Special License Required:

Chiropractor License

Contract Labor:

0

Training Period:

1 month

Reason for Selling:

Retirement

Hello World

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Samuel Meister
Office: (412) 406-6281 | Cell: (484) 332-9282
License #:

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

Chiropractic Office - Prime Location/Seller Financing
Somerdale, NJ

Listing Number:

22337

Category:

Practice Sales - Medical/Dental/Vet,Retail,Service - Personal B2C

Location:

Somerdale, NJ

Listed Price:

$135,000
brokerPhoto
Samuel Meister
Office: (412) 406-6281 | Cell: (484) 332-9282
License #:

Well-established practice, listed at 2x income. Over 100 new patients in 2023, with an average bill amount of $93.04 per visit, this practice enjoys a solid foundation for future growth being that is currently only open 3 days per week (there is patient interest to be a 5+ day a week practice). This practice has a collection rate of 49%+, and an insurance pay mix of ~92% insurance versus ~8% cash patients. The primary focus is on chiropractic care while integrating some physical therapy modalities such as EMS, ultrasound, and spinal decompression. Located in a prime area with a beautiful facility, the seller is committed to offering seller financing and comprehensive training/onboarding to ensure a seamless transition.

 

Key Highlights:

 

Strong Growth Prospects: Expanding days and hours will automatically increase top line revenue. The practice brought in 100 new patients in 2023, with an average bill amount of $93.04 per visit being open only 3 days per week.

 

Seller Financing: The seller is open to providing financing options for qualified buyers, making this opportunity accessible to a broader range of chiropractors.

 

Prime Location: Situated in a prime location, this practice enjoys high visibility and accessibility, contributing to a steady patient flow.

 

Training and Onboarding: Comprehensive training and onboarding will be provided by the seller to ensure a seamless transition of ownership and continuity of care.

 

Attractive Valuation: Listed at just 2x income, this chiropractic practice offers excellent value for those seeking a strategic investment in the healthcare sector.

 

This chiropractic practice offers a unique opportunity for both experienced practitioners and newcomers to the field. With its favorable valuation, growth potential, diverse service offerings, and prime location, it is well-positioned for success. Don't miss the chance to own and operate a thriving chiropractic practice in a sought-after location.


Financial Information

Gross Revenue:

$255,601

Listed Price:

$135,000

Down Payment:

$0

Total Income:

$85,619

Year Established:

1982

Lease Information

Square Feet:

2055

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$54,000

Inventory:

$8,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

2

Part-Time Employees:

1

Special License Required:

Chiropractor License

Contract Staff:

0

Training Period:

1 month

Reason for Selling:

Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.

Share by: