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Orange County, California
Asking Price
$250,000
Revenue
$366,000
Down
Call/Email
Cash Flow
$160,000
Name: Jim Moazez
Phone: Show phone number
Name
Jim Moazez
Phone
Show phone number
Posting ID:
282954
Attributes:
Broker Cooperation
Training And Support
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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
Rowland Heights, California
Auto Repair Service - Prime Frontage Location
$ 295,000
Prime Rowland Heights major street frontage high traffic location near Colima Rd & Fullerton Rd. Firestone/Bridgestone national franchise auto repair. Established in 1997 at the same location. Full service auto repair & tire center business for sale. $524,566 gross revenues in 2019 & $455,464 gross revenue in 2020. 3,350 sf auto repair facility with 400 sf of offices. 5 bays, 4 lifts & 2 alignment racks. Open Monday to Saturday. Lease term till 9/30/2025 plus 1 (5) year option to renew. Drive by only.
Orange County, California
Frozen Yogurt And Chocolate Boutique
$ 245,000
CF : $ 105,000
Great Opportunity to own a solid business that has been established for 7 years and is still operated by the original owners. This business is located in a very popular destination place where locals and tourists come to visit all year round. This is a highly affluent area. The Yogurt side of the business is a license agreement with no royalties. The Chocolate Boutique side also has no royalties and is very popular with the locals. Sales are very steady and predictable every year which makes the store very profitable. Seller will train for up to 1 month. Hurry, this business won't last!!!
Orange County, California
Sports Bar
$ 415,000
CF : $ 288,000
This popular Orange County sports bar has it all -- a full liquor license, favorable rent, a great location, and most importantly, a strong cash flow! The 3,600 square foot bar, which leases for 5,130 per month, features a full kitchen, two bars and dining areas, and a front patio. The venue also offers plenty of flat screen TVs, a pool table, table-top games, and internet jukebox. One of the dining areas has coin-operated games, a PlayStation III, X-Box 360, Wii and karaoke, making it ideal for families, team parties and private events. The sports bar offers a wide variety of delicious items on the menu including appetizers, pizzas, sandwiches, salads, desserts and kid-friendly entrees. Due to the bar's awesome menu, and its close proximity to a college, industrial parks, and a major Orange County freeway, its lunch business has tripled! Breakfast is also served on weekends for those patrons eager to catch their team's early games. Additionally, the bar's excellent, long-term staff consistently provides high-quality customer service. The owner is selling the business so that he can pursue another business opportunity.
California
Cupcake Decorating Parties Service
$ 3,200
Mobile Business/Business that can be applied to any existing cafe/restaurant/cake shop - great opportunity for a very successful/fun business for any motivated individual to take the guide and run with it! Cupcake Decorating Parties the group comes in and enjoys a 90 minute led cupcake decorating class complete with a couple of games and entertainment, and a chance to celebrate a guest of honor (birthday, bride, etc.) Great for children or a ladies' night out -birthday parties -bridal showers -girl scout troops -sports teams -miscellaneous get togethers THIS BUSINESS IS A COMPLETE GUIDEMAP - READY TO HOST IMMEDIATELY - can be mobile or be added to existing shop in about 3-4 hours - $400-$700 depending on size of party/amount of guests! Prep-time prior to party about 1 hour Clean up after the party about 45 minutes Includes instructions/items for the following: -Cupcake aprons -white baker's hats -advertisement / signage -financial contract for party clients -sprinkle palettes -decorations -candy bar bingo -table cloths (reusable/wipeable) -hand-painted wood, pink treasure chest (to be filled with go home gifts as party favors) -table floor plans -complete instructional guidebook with script for party host This business was used successfully at an existing cafe - a complete package ready to start up immediately...like next week!
Napa, California
Sandwich Franchise
$ 59,000
CF : $ 87,000
Sandwich Franchise - Priced for fast sale. 63-87k Profit/Year as Owner-Operator - 59,000 OBO. Seller motivated. All Offers Considered. FANTASTIC NorthBay Location in Wine Country with 1644 sq. ft., No Franchisee Competition in Entire City. Franchisee has been established since 2002 with excellent history. Owner is professional with another career and is complete absentee and has been for lengthy period of time, wife comes in for a few hours every two weeks. Keep as a Franchise or Start Own Concept. Large dining area, patio, includes sinks, oven with hood, walk-in cooler, walk-in freezer, two prep stations, slicer, soup station, reach-in cooler, separate back office. 405k Gross per Year During Recession. Owner Operator 63k Projected Profit Per Year during recession. Couple working store 87k Projected Profit Per Year during recession. 550-600,000 Gross per year during non-recession years. Keep Franchise or Take over All Equipment Already in Place and Start New Concept. Maintain Sales and Costs and Add 40k plus more profit per year to above numbers if use own concept. Priced for fast sale. 3 years on lease with 5 yr option; Base rent apprx. 2800/mnth.
Yucaipa, California
Car Wash With Real Estate - Full Service
$ 4,600,000
CF : $ 460,000
Full service profitable car wash for sale including almost one acre of real estate on a well trafficked main street road in the city of Yucaipa, California. Car wash itself has a consistent $780,000 in annual revenue between it and a $99 cent store located on the same property. Net is approximately $330,000 annually. Additional income now coming in from new 15 year tenant on 5,200 square foot building on property bringing in an additional $100,000 per year. Please contact broker for Confidentiality Agreement and Confidential Business Review.
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