Unsaved Changes
You have unsaved changes, are you sure you want to leave this page?
Alameda County, California
Asking Price
$990,000
Revenue
$3,000,000
Down
Call/Email
Cash Flow
$300,000
Name: Ahmad Rismanchi
Phone: Show phone number
Name
Ahmad Rismanchi
Phone
Show phone number
Posting ID:
237403
Attributes:
Absentee Run
Broker Cooperation
Semi Absentee Run
Training And Support
Recommended Businesses
Orange County, California
Mexican Market, Liquor
$ 650,000
CF : $ 200,000
Mexican – Latino Market Plus 47 Liquor License In Orange County. The Store Has A Full 47 Liquor License Which Permits Off-Sale Liquor, Beer And Wine. In An Excellent Location And Established Over 20 Years Ago, This 7,000 Square Foot Market Serves A Growing Latino Community In East Orange County. Stocking A Complete Line Including Household Products, Groceries, Meat Market And Produce, They Also Have A Small Kitchen On-Site For Take-Out Menudo On The Weekends. They Are The Oldest And Largest Market Serving This Area. Rent Is Sub-Market At 4,000 Per Month With 8 Years Remaining On The Lease Plus There Is A 10 Year Option To Renew. Open 7 Days Business Has Good Books And Records. No Seller Financing Available As Seller Is Retiring. Sales Average 100,000 To 105,000 Per Month With Sellers Net Averaging 25,000 To 30,000 Per Month And Inventory Averages 70,000 To 80.000. Besides The Owner, There Is One Full-Time Employee And 5 Part-Time. Payroll Averages 5,000/Month For Employees. Listing Price: 650,000 Plus Inventory.
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
Full Service Hair Salon
$ 89,000
CF : $ 47,000
If you are looking for a well-established salon for sale in an affluent Orange County community, look no further! This upscale, full-service hair salon is located in a busy center with plenty of walk-in traffic from the nearby hotel, restaurants, and professional businesses. Plus it has easy freeway access, excellent visibility and ample parking! This recently remodeled salon has a modern interior, and features 9 hair stations, 2 manicure stations -- all fully rented! An additional hair station is being installed due to the high stylist demand! There are also 3 hair dryers, 3 shampoo bowls, a kitchen/laundry area with full-size washer and dryer, and ample storage. A retail area displays a wide selection of professional hair care products, such as Pureology, Goldwell, DevaCurl, Mixed Chicks, Moroccan Oil, Redken, Brazilian Blowout, Agadir Oil and Bosley. There are 9 employees who are mostly all on a rental basis. Services offered include precision cuts, styling, expert color, up-do's, Brazilian Blow-outs, as well as make-up and manicures. The excellent service from the stylists has retained loyal customers. Even the walk-in customers return for the great hair styling services from the experienced stylists! The consistently high ratings on Yelp also draw new customers! Although this well-known salon has very low competition in the area, the owner has identified several opportunities to grow the business, such as filling any open hair stations and manicure station, and marketing to the upscale residential area around the salon. The current owner would like to sell so that she can retire and work part- time. She would like to keep working in the salon to continue her tradition of providing exceptional customer service for her clients.
Folsom, California
General Construction Service
$ 10,000
This is your chance, to Partner up and be an owner of a General Construction Business for a very good price. Construction Business with a type B license is looking for hands on owner. The Two Partners are looking for a motivated individual with passion for the industry. You will not have to carry a Contractor's License; we have one. Call the listing Broker to see it you qualify.
West Covina, California
Seafood Restaurant, Bar, Grill & Night Club
$ 250,000
Seafood Bay Bar & Grill Is Located At Prime West Covina "The Lakes Entertainment Center" Next To Edwards 18 Theaters, Restaurants, Retails & Office Buildings. The 4,800 SF Restaurant Serves Array Of Seafood & Grill Dishes For Lunch, Dinner Plus Late Night Live Entertainment With 7 Big Screen Tvs, Dj & Equipped With Top Of The Line Sound System. The Restaurant Can Accommodate 180 Seats, 47 Liquor License, Fully Equipped Commercial Kitchen With Walk-In Refrigerator. Long Term Lease Remaining With Low Leasing Rate. Owner Retired. This Is A Great Opportunity For New Owner To Take The Business To A New Level.
Orange County, California
Pizza Pasta Restaurant
$ 399,000
CF : $ 148,000
Neighborhood pizza/pasta.. Catering .games ,lotto, established 30 + years..3600 Sq FT lots of parking.. Near ball fields and schools 5900 monthly rent includes NNN .7 full time and 6 part time employees..gross sales 63k per month .net average 148 k last three years
Long Beach, California
Restaurant With Patio
$ 99,000
Take advantage of this great opportunity for your new restaurant concept! This restaurant is located in a fully-leased retail center, in an affluent Long Beach community! The center offers ample free parking and is close to 2 major freeways! Established in 1997, this 1,800 square foot restaurant has indoor seating for 40, plus 40 designated seats in the outside patio. It is currently operated by 2 full-time and 7 part-time employees. Many of the customers are from the shopping center, as well as from the nearby businesses, residential community, and college.
Recommended Brokers
ProInter
Steve Zimmerman
Restaurant Realty Company
Steve founded Restaurant Realty in 1996. He has personally sold/leased over 1000 restaurants, bars & clubs, & completed over 4000 valuations. He is the author of "Restaurant Dealmaker - An Insider's Trade Secrets For Buying a Restaurant, Bar or Club" available on Amazon.
California
ProInter
Jack Oh
Power Realty & Investments
Southern California
ProInter
Rick Carlson
ProNova Partners
You Will Never Feel Lost In The Shuffle. Many Brokers Simply Send Out An NDA And That's The End Of Communication. All Buyers Receive A Personal Meeting With A ProNova Partners M&A Advisor So They Can Recommend The Perfect Business For You.
Nationwide, USA
ProInter
George Lanza
Plethora Businesses
Southern California
ProInter
Ran Kim
VR Business Brokers
Southern California
ProInter
Brett Sargent
Sunbelt Business Brokers of Sacramento
Sacramento, Placer, Yolo El Dorado Counties
ProInter
Matt Manavi, CBB, CBI, CMAP, M
Transworld Business Advisors of Orange
California
ProInter
Dustin Sigall
SD Business Advisors
Located in San Diego, First Choice Business Brokers is one of the largest and most successful brokerage firms in the Southern California marketplace. We specialize in sales of businesses of all types including Service, Retail, Commercial, Construction, Manufacturing, Distribution, and Franchises.
San Diego, Orange County Areas, Inland Empire
ProInter
Ryan Clark
The Veld Group
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
Southern California
ProInter
Lee Petsas
UBI Business Brokers
Southern California
ProInter
Bashir Tariq
KW Commercial
Southern California
ProInter
Julieanna Wakileh
Liberty Business Advisors of San Francisco Inc.
Business brokerage services - specializing in Pre Schools in the SF Bay Area, Sacramento Area, North Bay, Central Valley.
SF Bay Area, North Bay, Sacramento
ProInter
Harry Sidhu, CBB, CBI
Mission Peak Brokers, Inc.
SF North Bay Area, SAC Area, Central Valley
ProInter
Matt Weiler
California Business Broker
Business Broker With 20+ Years Experience Specializing in Gas Station Acquisitions and Sales. Area of Focus: San Francisco Bay Area.
San Francisco Bay Area, North Bay
ProInter
Joanne Weber
Ryan Craig Company - Preschool Specialist
The Ryan Craig Company is in its 35th year as the recognized expert in Southern California, dealing exclusively in the sale of preschools, Montessori schools, day care centers, and private schools. Our extensive list of references speaks for itself.
Southern California
ProInter
Taj Randhawa
REMAX Gold Commercial
If you are looking to Buy or Sell your Business/Commercial Real Estate or any Investment property all over California then please contact me. A name you can depend on....Knowledgeable - Approachable - Trustworthy - Hard Working - Excellent Service - Excellent Results.
Central Valley, SF Bay Area
ProInter
Chuck Post
PBI Laundry Consulting
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
All California
ProInter
Ralph Santos
Healthcare Biz Brokers
Los Angeles, Ventura Counties
View More
Recommended Blogs
Buying A Business
Due Diligence Checklists - 10 Things To Investigate When Buying A Business
How To Buy A Business
Buying A Pharmacy: What You Need to Know Before You Buy
Buying A Business
Why 80% Of All Business Buyers Never End Up Buying A Small Business
Buying A Business
The Laundry Lease And Its Effect On The Laundromat Valuation
Small Business Financing
Mastering Cash Flow Management for Small Businesses
Buying A Business
How Escrow Protects You In A Business Transaction
Buying A Business
The Top 10 Questions You Should Ask Before Buying A Business
Buying A Business
Choosing The Best Motel For Sale: A Guide For Motel Business Buyers
Buying A Business
Selling Your Business To One Of Your Employees: Pros And Cons
Business Valuation Issues
Pricing A Small Business For Sale - Several Key Factors Play A Role!
Business Broker Information
Should Owners Hire Agents To Sell Business Listings?
Business Broker Information
Deposits With Purchase Agreements - Rules And Guidelines
Buying A Business
Buying A Coin Laundry - What All Buyers Need To Know
Buying A Business
Negotiating A Day Care For Sale - How To Get The Best Terms
Buying A Business
8 Items Buyers Of Small Businesses Find Critical When Reviewing Businesses
Buying A Business
Working Out A Deal: Things To Consider When Buying A Boutique Fitness Gym
Deal And Escrow Issues
Life (or Death) Of An Orange County Restaurant Deal
Business Valuation Issues
How The Inventory Amount Affects The Business Valuation And Transaction
BizBen News
FREE Online Webinar: For Laundry Buyers - How To Buy A Card, Coin Laundry
Buying A Business
Moneymaking Convenient Stores For Sale - Finding The Best Location