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Recommended Businesses
Corona, California
Restaurant, Bar, Liquor License
$ 300,000
CF : $ 200,000
A Restaurant Across The Street From One Of The Hottest Bars In Corona. The Restaurant Has A Long History In South Corona. We Have Plans To Update And Expand To Increase The Income Potential For This Location. We Have Approvals From The County And Health Departments For Construction, And Have Started Building. Due To The Unfortunate Turn In The Credit Market, We Have Run Out Of Capital To Finish. Our Loss Is Your Gain. We Own The Property And Will Consider A Business Partner, A Complete Buyout Of Project, Or Purchase The Business And Pay Rent To Us. In A Volatile Stock Market, Capitalizing Makes Sense. This Is A Tangible Asset That You Can Enjoy. We Already Have A Huge Customer Base, Give Me A Call.
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
Los Angeles County, California
Direct Mail Firm
$ 160,000
CF : $ 100,000
This is a well-established direct mailing firm based out of Los Angeles County (California). Company has been owned and operated for 15 years with the assistance of 2 employee types, 2 full time drivers/warehouse operators (although there is presently only 1) and 1 part administrative assistant. Owner of the business has 28+ years of experience in the industry and is a great resource to those who want to develop a more in depth knowledge of the business and industry as a whole. Both employees are aware of the sale of the business and eager to stay on as long term employees if the opportunity presents itself. All work is completed by in house employees except a few outsourced items such as design and some printing. Revenue is generally a consistent $300,000 a year. Present owner estimates seller's discretionary earnings are approximately $100,000. Owner is willing to offer seller financing to the right buyer at 36 months and 3% interest per year on a promissory note. Down payment for this arrangement would be $75,000 minimum. Firm has a fully developed Web site and developed social media platform (Facebook, LinkedIn, Twitter) and very high online reviews. Check out their testimonials page! Firm has been at their present location since 2000 and has had the same phone number the entire time a great opportunity for repeat business from a well-established client base both locally and California and nationwide. Firm also boasts an approximate 25 solid client base, only one which makes up more than 10% of the current revenue. These are consistent loyal clients who themselves will provide referrals for more work. Owner is also involved in networking circles to obtain additional clients. After 15 years the owner has decided to move on to pursue her lifelong passion of caring for animals in a dog shelter she founded years ago. Local competition is somewhat limited since the company is so well established and provides a high quality specialized service. The firm is well known in the area. Books have only been prepared not audited or reviewed. Very clean and easy to follow bookkeeping! Solid history of profitable financials! This is a great small business, low barrier to entry and a real opportunity for the right buyer!
Los Angeles County, California
Horse Feed Supplier And Store
$ 249,200
CF : $ 146,705
Horse feed supplier and store covering So Calif horse areas. This is a growing and thriving business that is a prime SBA loan candidate for a person who loves horses. 5,000 sq store with 2,000 sq storage yard. Four vehicles included in sale. $4,000 rent with no CAM fees. 25% down for SBA loan.Long established and owner is motivated to retire from this business
Los Angeles County, California
Recording Studio - Fully Equipped
$ 349,000
Come with your gear and start working! Lease is $4,500/mo including utilities for qualified tenant. Studio is fully equipped, see attached list. There is a $350,000 key money for studio equipment, set up, instruments, etc. The space includes 1good size control room, 1 large live/recording room, 2 ISO booths, 2 small production room, 1 think/create room, 1 small private lounge, 1 storage area. Some specs below: -All rooms have a panel that connects to the patch bay so for an isolated live recording -Main control room wired for surround mixing -Entire studio is wired with cat 6, and fiberoptic cables -Custom cloud system on ceilings consists of reflective, diffusive, and absorptive panels -Custom art acoustic panels -Custom built Neve Genesys console that has 1073 Preamps and is an analog/digital Hybrid. Fully 100% Analog signal path available CONTACT AGENT FOR EQUIPMENT LIST AND MORE INFO.
Upland, California
Liquor Store
$ 300,000
Free Standing Building at a major busy street in business area. The store has a very clean, a good displays and a huge selection of Liquor, Wine and Cigars. The Seller is selling due to family problems and tired. This is Great Opportunity to increase income. Short Business Hours, Mostly run by Employees. Contact to broker Frank Hong ASAP.
Los Angeles County, California
Part 145 Aircraft Maintenance Avionics Company
$ 2,500,000
CF : $ 265,000
For over 30 years ago this business has been offering Avionics Installations, repairs, upgrades as well as aircraft maintenance, The business has 13 full time and 02 part time employees. This opportunity has weathered many financial storms and has earned the respect of over 1000 customers in their database. For more information we must insist on a completed Non Disclosure Agreement.
Los Angeles, California
Commissory Bakery, Wholesale, Cafe - Absentee Run
$ 349,000
Premises Built new in 2016. Absentee run, but needs management. This is an operation for an experienced bakery owner/user to fully rep the benefits. Interested parties should have farmer's market experience to understand the logistics of running a farmer's market. This opportunity comprises of: 7 farmer's markets each with its own crew (since 2005); small wholesale operation that could/should be developed & coffee shop Coffee shop with Patio. Wholesale business established since 2010. Farmers markets business with its own crew, running since 2005. Employees will stay. 80% of employees have been with this owner many years, some employees working from 16 years ago.
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