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California
Award Winning Chiropractic Care Center in NorCal
Asking Price
$1,850,000
Revenue
$470,000
Down
$1,850,000
Cash Flow
$310,000
Description
Financial Information
$1,850,000 Asking Price
$310,000 Cash Flow
$470,000 Gross Revenue
$1,850,000 Down Payment
On request Adjusted EBITDA
Business Location
City: Northern California
State: California
Reason for Sale
The reason for selling is that the Seller wants to pursue other interests. However, Seller is willing to stay on and work under new owner for a period of up to 5 years.
Detailed information
Year Established: 1992
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 1
Part-Time Employees: 1
Contractors: N/A
Owner Worked Hours/w: 20
Inventory Included: No
Inventory Value: N/A
Monthly Rent: $1,540
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 495
FF&E Included?: Yes
FF&E Value: $10,000
Training/Support
The Seller is willing to train the new Owner for up to 4 weeks at 20 hours per week. Seller is willing to provide additional training at mutually agreed-upon terms. Seller is willing to stay on as an employee for up to 5 years.
Facilities
They operate out of 495 square feet with base rent of $1,540 per month and monthly CAM charges of $285. The current lease term is 3 years, and the lease is assignable.
Market Outlook/Competition
The U.S. chiropractic market size was valued at $450.7 Million in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 26.3% from 2023 to 2030. As a complementary treatment to pharmaceutical drugs, chiropractic care has seen a substantial increase in popularity. The acceptance of treatments by patients who choose non-invasive treatment for chronic pain is a key factor driving the market's growth.
CA 02100708; NV 1003039
Business Details
Year Established:
1992
Employees:
2
FE&E:
$10,000
Reason for sale:
The reason for selling is that the Seller wants to pursue other interests. However, Seller is willing to stay on and work under new owner for a period of up to 5 years.
Support & Training:
The Seller is willing to train the new Owner for up to 4 weeks at 20 hours per week. Seller is willing to provide additional training at mutually agreed-upon terms. Seller is willing to stay on as an employee for up to 5 years.
Property Information
Size in Square Feet:
495 sqft
Lease Terms:
Monthly Rent: $1,540
Lease & Tenant Information
Lease Options:
$1,540
Posting Information
Posting ID:
4173418
Business Category:
Health, Medical, Fitness, Beauty
Business Types:
Chiropractic Practice
Beauty Service
Fitness & Medical Equipment
Health Care Service
Attributes:
Financial Assistance
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Award Winning Chiropractic Care Center in NorCal
Posting ID
#4173418
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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