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Recommended Businesses
Orange County, California
Bankruptcy Law Firm
$ 75,000
CF : $ 32,000
This efficient law firm enjoys a growing stream of Chapter 7 and Chapter 11 bankruptcy cases. Three years ago, the owner shifted the business model from a traditional bricks-and-mortar office to a virtual office, which not only reduced overhead costs, but also allowed the owner to work in a home office and enjoy a much better quality of life. Now employees simply work remotely, accessing the server for important files, and meeting with clients in a nearby executive suite as needed. The 'paperless' law firm uses highly-systematized processes and procedures. Work is easy, efficient and consistent. Templates are ready for all common emails, letters, forms and contracts. A stable of skilled independent contract attorneys handles motions, as well as court appearances in Los Angeles, Orange, or Riverside counties. The owner is able to focus on more profitable activities, such as communicating with current and prospective clients to maintain and grow the business. This firm would be an ideal addition to an existing bankruptcy law firm, or a turn-key business opportunity for an enterprising attorney. The owner is selling to spend more time with her growing family. Business transaction practice is available at an additional cost.
Orange County, California
Reclaimed Wood Products Manufacturer And Retailer
$ 100,000
CF : $ 46,000
The business is a Southern California based Reclaimed Wood Products manufacturer produced exclusively from reclaimed barn and industrial wood and salvaged timber. The business primarily produces fireplace mantels but also manufactures shelves, countertops, and ceiling beams. The company sells these products directly to homeowners, designers, and contractors. The company has acquired a network of trusted suppliers throughout the United States to source the finest quality materials at very competitive wholesale prices. Using the companies online showroom and manufacturing process each customer is able to select the exact style, size, and color mantel of their choice. This results in high customer satisfaction as it solves the problem of finding 'the look they like in the size they need'. The just-in-time manufacturing relieves the need for maintaining a finished inventory and reduces waste. All pieces are produced on site at its southern California facility (though the company is able to be relocated) and either drop shipped directly to the client, picked up by the client, or picked up by the contractor performing the installation. All products are sold utilizing a professionally designed, well branded website. The company has a very strong web presence across key social media such as: Pinterest, Houzz, Yelp, and Facebook. This web presence has resulted in first page organic search results for several key search terms used by customers looking for a rustic mantel or shelve. Searchers of these products find the Web site, make the call and the order is processed typically right over the phone. The Company does no trade shows, no mail or email marketing campaigns or printed products advertising!
Long Beach, California
Restaurant - Asset Sale, Large Parking Space
$ 150,000
For sale is a state-of-the-art restaurant space in downtown Long Beach with a lot of foot traffic. The size is 2,400 sq. ft. There is a large event space in the back that can hold 100 or more people. It currently has a very healthy menu but can support any menu. All FF&E dates from 2016 and are in perfect condition and it has an excellent long-term lease with rent at under $2/Sq. It has a lot of public parking and over $500k invested into improvements. The landlord will offer assistance with the takeover. The seller is very motivated and says submit all offers. This site is ideal for a bakery.
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
Huntington Beach, California
Auto Repair Service
$ 99,000
This asset sale could be your opportunity to open your own auto repair shop, or relocate your current shop! Located in Huntington Beach, this 6,000 square foot shop rents for 4,000/month, and has ample room to for auto repair, engine repair, suspension/drivetrain services, struts and shocks repair/replacement, and tire sales/installation. The shop has a large customer waiting area, two offices, ample storage, plus an upstairs loft that overlooks the shop. The current owner upgraded the electrical system as required by the City of Huntington Beach. The owner is selling all of the fixtures and equipment, including six 2-1/2 ton floor jacks, one10-ton floor jack, two tire mounting machines, three tire balancers, alignment rack, two Aamco 4000 brake laithes, and more! This opportunity won't last! Call (562) 795-0500 now to get more information and the full equipment list. The owner is selling the assets because he is moving his business to a new location. ** An asset sale is a sale in which the seller cannot prove profits, there is no profit, or it is a break-even business. Many times the asset sale price of the business is substantially less than if you were to go buy the fixtures and equipment, do the build-out, and start from scratch. Be advised that there are no books and records to review. You are buying the business as is and there is no representation for present or future cash flow.**.
Fullerton, California
Tire And Auto Repair Shop - Great Street Frontage
Call/Email
Prime Tire/Auto Repair shop with great street frontage on very busy West Commonwealth Ave, very close to downtown Fullerton business district and many major retailers. 5 Garage bays with 5 in ground lifts.Annual Gross income of $935,905! Please contact me for more details.
Orange County, California
Art And Framing Shop
Call/Email
This Commercial Custom Framer Has Been Serving The Framing Needs Of Artists, Photographers, Art Galleries, And The Interior Design Trade In Southern California Since 1986! It Specializes In Conservation-Quality Framing Of Fine Art Originals, Animation Cells, Photographs, Textiles, 3-Dimensional Objects D’art, Mirrors, Prints And Posters. There Are Many Opportunities To Grow The Business, Such As Bringing In More Artwork (Poster Catalogs And Original Art) To Sell To Interior Designers, As Well As Selling More Accessory Items (Decorative Mirrors, Picture Frames, Etc) Made Out The Leftover Frames And Glass. And, As The Owner Has Not Been Very Aggressive On Marketing, A Savvy Buyer Could Easily Increase Sales With A Concentrated Marketing Campaign. Approximately 24,000 In Inventory Is Not Included In The Sales Price But Is Available At An Additional Cost. The Owner Is Selling Because She Would Like To Have A Career Change.
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