Chiropractic Practice in LA - $500K Net, 2 Offices

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This listing is: Off Market

Background

BizEx ID:BizEx1252-EM
General Location:Los Angeles, CA
Category: Services
Health, Medical & Dental
Years in Business:13
Under Present Owner:13
Hours of Operation:9:00 - 5:00
Owner Hours:Varies
Training:2 weeks @ 30 hours
Organization Type:S-Corp
Lease Expiration:Month to Month
Lease Options:Yes
Building Size:1,350
Employees:5
Reason for Sale:Other Opportunities

Financials

Asking Price:$895,000
Down Payment:Negotiable
Gross Sales:$1,200,000
Discretionary Cash Flow:$540,000
FF&E:$15,000
Inventory Included?Yes
Inventory:$5,000
Min. Operating Capital:TBD
Real Estate Available?No
Rent:$1,350
Payroll:$7
Financing:SBA

2018 2017
Gross Sales $ 1,200,000 $ 1,400,000
Gross Profit $ 770,000 $ 800,000
Disc. Earnings $ 540,000 $ 600,000

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations