Chiropractic Practice For Sale - Seller Moving

Opportunity Summary

Unique practice, established 17 years. It has 500 sq ft of office space, which consists of a reception/waiting room ( seats 4-5), Dr’s office, 2 Adjusting/treatment rooms(1 can be used as a massage room), back office storage space, and a restroom.

The current rent is $550 and is on a month –to – month basis. Seller is moving and is asking $105,000. The gross income in 2007 (8mo) is $147k, in 2006 was $211k, and in 2005 was $171k. There is a 3 week wait list with appointments 4 months out. The seller sees 113 patients/ mo and 4 are new. The techniques used are AK, Activator, Diversified and Nutrition. The payment method is 69% cash, 8% insurance.

There is one part time receptionist that works in the practice. The office hours are Monday 1-8pm, Tuesday 9:30am-4pm, Thursday 9:30am-8pm, Friday 9:30am-4pm, and Saturday 10am-1pm (only one Saturday per month). The seller works Monday 3-7 pm, Tuesday 10am-2pm, Thursday 10am-7pm, Friday 10am-2pm, and on Saturday 10am-2pm.