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Recommended Businesses
Burlingame, California
Cafe
$ 57,000
The Cafe Is Located On The Ground Floor In A Busy Medical Building In Burlingame. The Café Is Surrounded By Medical And Dental Offices, Nursing Home And Other Office Buildings. The Cafe Serves Soups, Salads, Sandwiches, Daily Specials And Gourmet Coffees. The Cafe Is 750 Sq. Ft. Rent Is 1417/Month, Including Water, Electricity, And Garbage. Current Owner Has Updated The Equipment And Renovated The Cafe In Jan. 2008. A New Lease Was Signed In Dec. 2007 For 5 Years Plus 5 Years. The Cafe Seats 10 Customers. The Cafe Is Opened 5 Days A Week 8am – 3pm. This Is An Excellent Opportunity For Start-Up Business, And Good For A Family Or Single Person.
Encinitas, California
Acupuncture Service - Medical Practice
$ 134,599
CF : $ 80,000
Unique opportunity to own a lucrative, half-cash practice in the gorgeous Southern California coastal community of Encinitas. Acupuncture Continuum Inc. (Acupuncture Continuum), currently the acupuncture practice of Karen Sulger, L.Ac., is in north San Diego County just a few minutes from the beach. Perfectly located with very low rental costs, the beautiful practice serves the area's highly health conscious and affluent population. Acupuncture Continuum is well established and enjoys a sterling reputation for clinical efficacy. With nearly 25 years in the area, the practice also maintains strong relationships with referring MDs, particularly in the medical complex from which it operates. Even in the midst of Covid, return business remains consistent and there is a steady influx of new patients. The opportunity to run an abundant practice drawing from a major metropolitan area is available now. Imagine making close to $200,000 per year, working three days per week and with plenty of time off for vacation. No additional marketing necessary the established reputation of this 23-year-old practice maintains a steady flow of new patients and loyal return patients. Low overhead (including very low rent), years of records, substantial cash clientele and consistent patient flow mean that a new owner can expect to keep costs low. Add more hours, hire associates, and/or expand marketing, and you have the chance to add even more success to an already prosperous practice. Whether you are fresh out of school or an experienced clinician, Acupuncture Continuum offers the chance to hit the ground running. This is a turn-key opportunity to run a successful practice in one of the most sought-after, tranquil, prosperous areas in the country. Call or email today, come by and spend some time at the clinic, and see for yourself. As the new owner, you could be thriving in just a few short months. The Setting The City of Encinitas is located 25 miles north of San Diego and is part of the greater San Diego Metropolitan Area. It has a population of just over 60,000, with easy access to over 3 million others who live in San Diego County. Recently named among the twenty best surf towns in the world by National Geographic, Encinitas wears its surf history proudly. Located along six miles of pristine Pacific Ocean coastline, the town is an unspoiled reminder of the historic Highway 101 beach culture. With the perfect climate year-round, the city is a very popular weekend outing and a great place to live. Locals find all they need from the city's eclectic downtown, with its unique and dynamic blend of San Diego's top surf shops, amazing restaurants, coffeehouses and record stores. Kids love nearby Legoland theme park, Sea Life Aquarium, and San Diego Zoo and Wildlife Park. The clinic is located in a large medical office complex, easily accessible from the freeway. The well-designed office consists of a good-sized lobby and reception area; four treatment rooms (possible to set up a fifth); a staff office area; ample shelving for the extensive herbal apothecary and storage, and a bathroom. The space is modern and tastefully decorated, and each treatment room has its own speakers for music, a floor heater, and dimmable lighting. The most Covid-wary patients have the option to enter and exit one of the treatment rooms through its own dedicated entrance, bypassing the reception completely. Parking is free and easy here. The decades-old practice maintains longstanding relationships with nearby health providers and the local community from which it receives many referrals. Patient Demographics Ms. Sulger describes the clinic's clientele as 'absolutely wonderful,' she is grateful for the way the clinic has attracted such warm, caring and conscientious people. While the current owner treats a very wide range of conditions, she also has three specialty areas: (1) fertility and women's health concerns, (2) pain, and (3) facial rejuvenation. Most of the current patient load consists of professionals between the ages of 25 and 70. There has been a substantial uptick in fertility patients during Covid, as more couples are trying to conceive at this time. The clinic has averaged between 40-50 patient visits per week and has over twenty years of patient files. Overhead costs remain low, with about half of patients paying in full at the time of their visit, with the remainder using insurance. Typically, patients are from communities within 25 miles of the office. Given the practice's long history in the area, most are referred by word-of-mouth and local allied practitioners, while some come through insurance panels and the clinic's strong online presence (all 5-star reviews on Yelp and top-of-page in Google and Google Maps search engine optimization (SEO) has been a steady priority, and these SEO efforts have paid off). The current owner is also happy to provide years of past calendars to prove consistent patient volume. Modalities Utilized Treatments currently consist of acupuncture, cupping and moxa, as well as herbal medicine and supplements. In addition to using standard acupuncture and traditional Chinese medical techniques, Ms. Sulger also uses the Richard Tan Balance Method and Master Tung points for pain and orthopedic conditions. That said, clients seek the practice because it is known for clinical efficacy; they are not usually seeking a specific style of acupuncture or needling. Income and Expenses The following income and expense summaries are derived from an average of income and adjusted* expenses from 2017-2019. Note that Ms. Sulger has office hours only three days per week and takes up to three weeks off per year. Income Average gross yearly revenue: $190,400+ ($15,860+/mo) Expenses Average adjusted expenses: $102,918 yearly ($8,576/mo) *Adjusted expenses are the net expenses that a new owner would have to take on in order to run the business at the same level of revenue as the current owner. Net Profit: Average $87,491 per year (~$7,290/month) Pricing and Terms $139,500 OBO. The price is based on a conservative professional valuation of just over $140,000, with an average yearly gross of about $190,000 for the past several years. The owner's motivation to sell in a timely fashion (due to her impending retirement) has allowed her to generously factor in a potential discount for attrition and start-up costs on change of ownership. She expects the right person will retain her patients and transition smoothly, making this a great opportunity for the buyer. The purchase will be structured as an asset purchase agreement and may be drawn up between buyer and seller (preferred) or by attorneys, at the discretion and by agreement of both parties. Approval of the buyer is subject to a credit check, and loans from medical practice brokers, banks, or the Small Business Administration (SBA) may be available to finance the transaction depending on the buyer's creditworthiness. Upon purchase, the new owner will receive all patient records, furniture and equipment, the large herbal inventory and high-tech Covid safety equipment (including a UV air sanitizer and HEPA air purifier). The current owner will also transfer to the new owner all clinic-related intellectual property, including the clinic phone number, website, claimed Yelp and Facebook pages, AcuBase EHR and billing system, MailChimp email system, email list, and clinic-related financials. The practice currently employs one part-time office manager who expertly bills insurance, markets, schedules and performs many other office tasks. She is an exceptional worker and may be willing to stay on with the practice at the discretion of the new owner. The landlord is willing to transfer the lease (which is amazingly below-market), and the current owner will facilitate interaction with the landlord in order to secure favorable lease terms. Currently the owner has three month-to-month part-time subletters that reduce the monthly rent even further. A future owner could keep the subletters on or choose to take on the entirety of the rent (which is incredibly low) to expand their own practice. The current owner's goal is to surrender the practice by the end of March 2021. She would be willing to stay on for a limited time to assist in the transition and make introductions to the clientele, if so desired by the new owner, at no additional cost. Opportunities for Growth While the current practice nets a healthy return (even working part-time), a motivated buyer could significantly increase their income upon acquisition through a number of simple changes. * Work more hours. The current owner has office hours only three days per week, so there is plenty of room to expand business hours. There are also part-time subletters whose space could be taken back as needed, all of which would increase revenue. * Bring on other practitioners. In addition to or in lieu of working more hours, the practice could easily support at least two or more providers, either as contractors or as employees. * Reduce office manager hours. The current office manager expertly runs the office on the three days that the current owner works. The new owner could opt to take on some of her tasks to reduce payroll costs and increase net income. * Expand marketing efforts. The practice has an excellent web presence, sends monthly emails to its email list, and keeps up relationships with physicians and other healthcare workers. There is room to do much more such as networking with even more MDs and promoting highly profitable facial rejuvenation but the clinic has been busy enough that these resources have not often been leveraged. * Improve online presence. Blogging, enhancing the website, cultivating a social media presence, implementing pay-per-click, and increasing the frequency of email marketing all hold great potential to increase awareness of the clinic and thereby generate mor
Orange County, California
Pet Grooming Service
$ 87,000
CF : $ 32,000
This well-established Orange County dog grooming business is located in a busy center with plenty of foot traffic and ample parking for customers! The 1,125 square-foot shop has a grooming area, 2 tubs, 2 drying stations and plenty of kennel space. It offers bathing, drying, clipping, nail trimming, and ear cleaning. De-matting, medicated shampoos and conditioners are also available at an additional cost. The groomer and her two full-time employees do their very best to meet their clients' needs, and as a result, the very loyal clientele come weekly, bi-weekly and monthly to have their dogs groomed. Even new customers quickly become regulars because of the high-quality customer service provided. The shop is very easy-to-run and has a low monthly lease of 1,500. The two capable and hard-working employees bathe and dry the dogs, and the owner does the grooming. The business has a strong reputation in the community, and receives referrals from local veterinarians. Opportunities to grow the business include adding pet sitting, daycare, and boarding, as well as advertising the business, developing a website, and offering retail items, such as dog treats, food and accessories. The owner is selling the business because of health problems.
Laguna Beach, California
Optic And Glasses Shop, Lab
$ 30,000
Gorgeous, high end optic shop with on-site lab located on the highest walking traffic street in Laguna Beach. Affluent local demographics and sophisticated and wealthy international tourists. This shop has specialized in high-end designer eye-wear since 1998, is well known and has plenty of good will. Shop includes an otherwise nearly impossible to obtain City "Conditional Use Permit" for an optic shop and lab with retail sales of frames and nonprescription sunglasses. Just obtained new CUP is much better than old one for even higher sales and profits. Ask for details. No inventory or optical equipment is included, but otherwise shop is in ready-to-move in condition. 1,350 sq ft, approx 15' wide by 90' deep. Landlord will provide new long-term lease. Well designed custom shop has granite counters, rich hardwood and custom lighting throughout. Ample sized lab in back. Brand new HVAC. Price and terms are negotiable. Perfect for an expansion location. Unusual situation created this unique opportunity that won't last long. You must move quickly as we expect to wrap up the sale as soon as the new CUP is finalized.
Los Angeles County, California
Tutoring Service
$ 115,000
CF : $ 50,000
Located in a highly-academic city with a premiere school system, this Los Angeles County tutoring center has provided excellent tutoring for students in Kindergarten thru 8th grade since 1993! The center offers daily after-school tutoring in math, reading, writing and test preparation (GATE and CA state tests), as well as popular summer camp sessions, all taught by highly-experienced and loyal instructors. Due to the exceptional tutoring curriculum and excellent staff, client turnover is very low. In fact, 95% stay for the entire school year! The business operates out of a 3,000 square foot, facility with several classrooms for the various age groups. A low monthly rent of 4,020 helps keep overhead costs low. There is an opportunity to increase cash flow by using the facility for adult education classes while the kids are in school. The owner would like to sell the business so that she can retire.
Santa Monica, California
Ladies Shoes Manufacturing, Distribution, Retailer
Call/Email
CF : $ 600,000
Established, Profitable, Growing Ladies Shoe Company For Sale. Solid Brand, Upscale Clientele, International Commerce. Excellent Growth Prospects. Company Designs The Shoes In Us And Uk, Production Is In Spain And France, Distribution Is From London, Three (3) Prestige Us Retail Locations (Santa Monica, Maiden Lane / San Francisco, South Beach / Miami.
Tracy, California
Restaurant - Well Established, High End
$ 170,000
A well-established high-end restaurant located in the heart of Tracy within walking distance from offices and shops. Anchor tenants include Home Depot, Texas Roadhouse, Target and West Valley Mall. Heavy traffic location and conveniently located off highway 205. Please contact LA, Darron Tang at 510 915-4771 or dtang@golden-west.org to schedule a private showing. Please DO NOT disturb business, patrons and/or employees.
Long Beach, California
Womens Boutique
$ 58,000
This store has been arguably the most popular women's boutique on 2nd street since established in affluent Belmont Shore in 1996. It has built up a very loyal local following over the last 16 years, and also caters to tourists and visitors to the nearby Long Beach convention center. The business association in Belmont Shore is very active and conducts many special events and attractions on 2nd Street, which draw tourists from throughout Southern California. The boutique carries exclusive labels and better priced items of trendy clothing, shoes, accessories, and jewelry. Inventory turnover is very high in this busy, high-volume store. Sales of accessories and jewelry, which have higher margin, are especially brisk. The boutique's prime corner location provides excellent street visibility and tremendous foot traffic from the thousands of people strolling along the street to shop and dine at the many fine restaurants. The store operates from a gorgeous 1,450 square foot space, which features a 14 foot high ceiling, crystal chandeliers, and a spectacular 56 linear feet of window frontage. It features a fanciful, themed interior that garners constant compliments from impressed customers. The racks and fixtures are unique, antique looking--all custom built for the store. The well designed shop features 5 changing rooms, an employee break room, an office, and ample backroom storage, plenty of space for all supplies, extra fixtures, and holiday decorations. There is enough display and back stock shelving for at least 20 styles of shoes. Owner spent 200k on a floor-to-ceiling remodel. Includes 6k Sensormatic theft detection system and is prewired for security cameras, which are not included. The boutique currently employs 4 superb part-time sales people and a manager who have all established relationships with loyal clientele. The manager maintains the facebook and popular fashion blog for the store and can be trained as the buyer in case the new owner does not want to work in the business. The ideal buyer for this business should be trend savvy and have a passion for fashion. Substantial savings/extra profit if new owner wishes to take over the manager's duties. The elderly owner is selling the boutique, the third one to be sold as part of his second retirement plans. Already retired as CPA, he was forced to take over the business in 2000 from his brother, who became disabled at that time. Now, he himself is downsizing his business affairs after a recent heart attack. The business has a much greater profit potential if energized by a younger, more passionate owner-operator. Customers have been requesting an Internet sales capability, which the new owner is strongly advised to set up. Domain names included. Perfect time to buy as the economy continues to grow post recession. Lots of upside potential. Lease expires in 2016. Being near the beach and several colleges, summer sales are higher than most boutiques, although highest sales are November/December. Training on operations, buying, and all vendor sources included. Orders of exclusive designer clothing have already been placed through the end of the year. 68,000 + inventory, which may be purchased at cost at buyer's option. Belmont Shore Long Beach Los Angeles.
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