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Recommended Businesses
Valencia, California
Machine Shop
$ 1,700,000
CF : $ 665,000
Thriving Small Manufacturer Of Airliner Interior Parts Is Available. Has Been A Steady Earner Over 17 Yrs, Recently Showing A Surge Of Sales And Earnings. Company Does Precision Machining, Stamping And Assembly. More Aggressive Marketing Will Show Positive Results As Recently Demonstrated. Seller Desires To Be Semi-Retired But Will Be Available For Generous Overlap With New Owner And For Ongoing Part-Time Participation. Priced (1.7 Mil) With Reasonable Multiple Of Earnings (665K). Terms Will Be Considered.
San Jose, California
CNC Machine Shop - Asset Sale
$ 370,000
This shop is very nicely equipped for the next owner; 8 CNC mills, lathes, drill presses, 3D recorder and much more, including a wide array of tools and accessories. The facility is 4,800 sq ft and includes shop floor, 2 offices, break room and conference room. All very clean and well appointed for a very professional environment. Total rent $4,834. Owner's health is forcing retirement at this time. CNC mills: 1) AKIRA-SEIKI V-3C 2) AKIRA-SEIKI V-4A 3) AKIRA-SEIKI V-4AXP 4) AKIRA-SEIKI V5.5 5) SAMSUNG SL20 6) AKIRA-SEIKI SL30 7) AKIRA-SEIKI SR3 XP 8) AKIRA-SEIKI SR3 AXP
Orange County, California
Metal Fabrication Manufacturer
$ 445,000
CF : $ 188,000
Profit nearly doubled! This Orange County ornamental iron works business has a great reputation and tradition for quality work. For 26 years it has designed and built residential iron gates, fences, staircases, railings, doors and other interior custom work. General contractors in Southern California know of its strong reputation, and have come to rely on the high quality design, installation and service provided. As a result, the business has steady work and many repeat customers! The owners are selling because they would like to retire. A C-23 California contracting license (miscellaneous metalwork) is required for the buyer or a designated employee.
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
San Mateo County, California
Niche Equipment Repair Service
$ 165,000
CF : $ 134,518
This business fills a unique niche, repairing medium to large sized recycling machinery. They maintain and repair balers, conveyors, compactors, shredders, auto-tie machines, and other equipment used to process recyclable materials in the Northern, Central California and Western Nevada area. This is a unique space with little competition and steady demand. Owners of recycling equipment will call this crew because they know how to do it all. They have a very broad set of skills; electrical, mechanical and hydraulics. No lease, as the business can be run from a home office and all required equipment is on the trucks. Skills that would help the buyer: Mechanical, general business skills, knowledge of recycling equipment and the recycling business. The owner needs to retire after a long career, and will provide training as required to new owner. Facilities / Lease: None! Home office and two trucks. Support / Training: Current owner will train buyer for 4 weeks or as needed. Reason for selling: Owner really wants to retire! Marketplace: There are other competitors out there, but none of them offer the depth of services of this company. Very personal touch and high quality work. The market is unique, and narrow, but recycling is big business. Consider the big recycling companies and their needs, all the way down to the Safeway or Costco that has to handle cardboard and recyclables. This company services them all. Growth and expansion: Another Tech needs to be hired and trained. The existing tech intends to stay for the long term, and would train the new tech. Also, other types of equipment repair could be explored, considering the skills and equipment that can be brought to bear by this company.
Los Angeles, California
Full-Service Pet Grooming Service
$ 95,000
Full-Service Pet Grooming Salon - City Hall Downtown L.A. Everyone Deserves A Little Pampering - Just Ask Their Best Clients (See Photo)! Established In 2007, This Employee Operated Full Service Pet Grooming Salon Near Downtown Los Angeles, Is In A High Traffic Area In A Busy Mini Shopping Mall. This Convenient 1,600 Sq. Ft. Salon Is Perfect For The Pet Owner On The Go - With 30 Minutes Free Parking, Clients Can Drop Off Your Pet On Their Way To Work, And Pick Them Up On The Way Home. Open 5 Days A Week, This Salon Offers Everything From Grooming To Flea Treatments And Also Offers Self-Service Stations In Case You Want To Do Your Own Bathing. There Is Also A Nice Retail Shop Area Where You Can Buy Some e "Blinge e ¯ ¿1/2 For Your Furry Little Friend. Net Sellers Earnings Are 4,000 Per Month If This Shop Is Operated By Owner/Operator/Groomer. Current Rent Is 3,150/Month New 5 Year Lease. Sale Price Is 95,000 Plus Inventory Principles Only Please.
Los Angeles County, California
Pre-Ico Medical Marijuana Dispensary
$ 375,000
Highly lucrative pre-ico dispensary for sale. The facility in this listing originally opened in 2006, receiving it's pre-ico designation. The location was closed for renovation for 9 months and reopened back up a few months ago under new ownership as one of the cleanest and most professional dispensaries in the area. It's located in a strip mall with plenty of parking & street visibility on a major blvd in the heart of sfv. Business is very simple to operate, and there are 5 full-time/part-time employees in place that are extremely friendly and knowledgeable. Excellent security staff in place as well. Store is completely furnished and comes absolutely turn-key with all equipment, furniture, and fixtures, security system & an alarm system. 2000 Sq FT of total space and has updated floors, flat-panel tvs. Fully-equiped turn-key grow room for growing of medication on-site as is allowed through prop 215 and sb420. Landlord & neighboring businesses are very industry-friendly. Non-disclosure agreement required prior to substantive discussions
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