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Sioux Falls, Lincoln County, South Dakota
Asking Price
$500,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Name: Carrie Peterson
Name
Carrie Peterson
FE&E:
$200,000
Reason for sale:
No longer wish to be out of state owners
Lease Expiration:
03/31/2027
Lease Options:
$6,670
Listing Number:
60387-115047
Sales:
$133,665
Inventory:
$300,000
Posting ID:
ID tw:86084 / Listing Number 60387-115047
Business Category:
Fitness
Keywords:
Transworld
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This fully equipped Chiropractic Care Center is a California Sub Chapter S Corporation and has been in operation for 34 years and under current ownership for the past 18 years. They offer a wide variety of services that include Auto Injury Relief, Chiropractic Care for Kids, Digital X-Rays, and Wellness Care. They handle all types of spinal-related conditions, including Back Pain, headaches & migraines, neck pain, sciatica, and scoliosis. All types of injuries included Auto, Sports, Disc, Whiplash, and Work Injuries. One of the specialties of this practice is Personal Injury. They also handle extremity pain as well with carpal tunnel, joint pain, arm & leg pain, plantar fasciitis, and shoulder pain. They also address a wide range of other conditions, including pregnancy, vertigo, constipation, digestive issues, inflammation, heartburn, restlessness, and sleeplessness. They are only open 3 days a week, Monday, Tuesday, and Thursday, at only 5 hours per day (a total of 15 hours per week). So there is tremendous growth potential by adding additional hours and additional chiropractors. The Seller is willing to stay on for up to 5 years as an employee to assist in growing the business. Included with the sale is $900,000 in Accounts Receivable. 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

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Healthcare Biz Brokers is pleased to present the opportunity to acquire an established Adult Day Health Care (ADHC/CBAS) business operating in Central California. Organized as a California S-Corporation, the business is fully operational and provides community-based adult day health services under an active CDPH License issued on 11/02/2022. The agency has developed an operational foundation with a current census of approximately +/- 35 participants per day, experienced staff, and a clean regulatory history. * The business operates from a leased commercial facility with an assignable lease and offers flexibility for future relocation, if desired. Financial records are maintained through QuickBooks, and there are no outstanding liens or known liabilities associated with the business. * This opportunity is well suited for an existing ADHC/CBAS operator seeking geographic expansion, a healthcare entrepreneur entering the adult day healthcare sector, or a strategic buyer looking to build a larger regional platform. A qualified buyer can capitalize on opportunities to increase participant census, strengthen referral relationships, expand community outreach, and improve operational efficiencies. * The owners have elected to sell the business due to personal and family considerations, the demands of a lengthy commute, and a desire to reduce day-to-day operational responsibilities. The sale is not being driven by regulatory concerns or operational instability. The seller is willing to provide transition support to help ensure a smooth transfer of operations and continuity of participant services. * The valuation is based on the Replacement Cost Approach, which estimates the investment required to establish a comparable healthcare organization under current market, licensing, accreditation, and regulatory conditions. Buyers need to independently evaluate and validate the Seller's Replacement Cost valuation during their due diligence, as it is based on assumptions, market conditions, and other factors that may influence value. * The seller prefers a financially qualified buyer with readily available liquidity to complete the acquisition and prior experience in the Adult Day Health Care (ADHC)/Community-Based Adult Services (CBAS) industry.* Confidentiality Notice: All prospective purchasers must execute a Non-Disclosure Agreement (NDA), complete a Buyer Profile, and provide satisfactory Proof of Funds before confidential business information will be released. * Disclaimer: The information contained in this teaser has been supplied by the Seller and is believed to be reliable; however, it has not been independently verified by Healthcare Biz Brokers, Inc. No representation or warranty, express or implied, is made regarding the accuracy or completeness of the information. Prospective buyers are solely responsible for conducting their own independent financial, legal, operational, regulatory, licensing, and compliance due diligence before making any investment decision. All information is subject to change without notice. The seller reserves the right, at their sole discretion, to accept or decline engagement with any prospective buyer based on the information provided in the Initial Buyer Worksheet and Proof of Funds (POFs).

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