Unsaved Changes
You have unsaved changes, are you sure you want to leave this page?
Please review other recommended postings, brokers, and blogs below.
Recommended Businesses
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
California
Sports Cards Internet Retailer
$ 99,000
CF : $ 41,000
Price Reduced!! If you are a sports enthusiast you'll love this business! This home-based business sells baseball, football, basketball, and hockey sports trading cards (boxes and cases) from all the major suppliers -- Topps, Panini, Upper Deck and more -- via the internet! This easy-to-run business can be easily added to any existing sports-related business, or an enterprising buyer can open a retail storefront to take advantage of the great promotions and value-added bonuses offered by the manufacturers. Other opportunities include expanding the web presence, or offer trading card games such as YuGiOh and Magic. What started out as a hobby grew into a thriving business in just a few short years! The owner is running two other businesses, so he doesn't have the time to take this venture to the next level. If sports is your passion, this could be your opportunity to do something you enjoy and make money, too!
Orange County, California
Commercial Cleaning Service
$ 159,000
CF : $ 80,000
Founder of commercial cleaning service if finally retiring. Easy hours. Excellent accounts and Orange County based. Long established commercial janitorial service with same owner for 35 years. Owner has 4 teams that do the cleaning. He only works 5 hours a week. Can be expanded with more marketing.
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.
Valley Village, California
Beautiful Restaurant - Beer And Wine 41 License
$ 200,000
Asset Sale and fully equipped - - 2600 S.F to 2800 S.F - Space can be divided Rent at $6,100/mo + NNN - beautiful dining room w/ arched ceilings and wood beams - also an area with dark wood cuffed ceilings, a fireplace and a beautiful built-in wood bar equipped w/low fridges, sink, a large flat TV ideal for sport viewing. The restaurant frontage is about 40' long w/ unobstructed street exposure; tables could be set along the restaurant front. Seller says the landlord encourages an outdoor patio to be built in the parking area (need to obtain permits from the city) -- Corner of two major streets -- steps from Studio City. 2 handicapped bathrooms + 1 ADA located in the storage room Kitchen. back kitchen. storage room larger than 400 SF with a private office and the 3rd ADA bathroom. Profitable restaurant - owners retiring - business established before 2000, 15 + years. Here is your unique opportunity to purchase this established restaurant, known for its service and freshest ingredients. CAN CONVERT TO ANY OTHER CONCEPT
Valley Village, California
Restaurant With Beer And Wine License 41
$ 300,000
Fully equipped -- price to sell at asset sale value - make an offer! 2,799 sq.ft 99 seats + room to add large patio with seating Rent: $6,100 +nnn Lease: until 2020 + one (1) ten (10) years option 6 full time employees 6 part time employees Established business with loyal clientele. 50% in dining - 50% catering and to go and delivery orders Can convert to another style of cuisine. Owners are retiring thus a great opportunity to take advantage of this outstanding business. Landlord encourages adding a patio outside Previously listed with another agency - reduced $50,000 - price to sell -- price of an asset sale, although profitable - make an offer - owners need to retire due to health reasons.
Recommended Brokers
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
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
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
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
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
Bashir Tariq
KW Commercial
Southern California
ProInter
Lee Petsas
UBI Business Brokers
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
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
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
Ralph Santos
Healthcare Biz Brokers
Los Angeles, Ventura Counties
ProInter
Brett Sargent
Sunbelt Business Brokers of Sacramento
Sacramento, Placer, Yolo El Dorado Counties
ProInter
Ran Kim
VR Business Brokers
Southern California
ProInter
Harry Sidhu, CBB, CBI
Mission Peak Brokers, Inc.
SF North Bay Area, SAC Area, Central Valley
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
George Lanza
Plethora Businesses
Southern California
ProInter
Matt Manavi, CBB, CBI, CMAP, M
Transworld Business Advisors of Orange
California
ProInter
Jack Oh
Power Realty & Investments
Southern California
View More
Recommended Blogs
Business Purchase Financing
12 Essential Business Buying Services for First Time Buyers
Buying A Business
Choosing The Best Motel For Sale: A Guide For Motel Business Buyers
Buying A Business
3 Tips for Increasing Profitability When You Buy Liquor Store Businesses
Buying A Business
The Pros And Cons Of Buying An Absentee Run Small Business
Business For Sale Statistics
The Coin Laundry Business Grows Up
Business Valuation Issues
Pricing A Small Business For Sale - Several Key Factors Play A Role!
Buying A Business
BizBen ProBuy Program: Professional Assistance With Buying A Business
Buying A Business
The Laundry Lease And Its Effect On The Laundromat Valuation
Buying A Business
Before You Buy A Gas Station Ask These 5 Questions
Buying A Business
Evaluating Residential Care Homes To Buy
Deal And Escrow Issues
Buying A Bar - Due Diligence Issues & Tips
Business Broker Information
6 Successful Traits Of Top Business Brokers: New Survey Results
Buying A Business
5 Tips To Help You Sell Your Deli
Buying A Business
Why 80% Of All Business Buyers Never End Up Buying A Small Business
How To Buy A Business
What is a micro business?
Buying A Business
A Comprehensive Guide to Buying a Profitable Business in 2023
Buying A Business
Due Diligence Checklists - 10 Things To Investigate When Buying A Business
Buying A Business
Absentee Run Businesses - Myth Or Reality When Buying A Small Business?
Business Purchase Financing
5 Myths About Selling A Small Business: Useful Tips Before Selling A Business
Deal And Escrow Issues
Selling A Business: When And How To Tell Employees