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  • RE:  Well Established Chiropractic Business
  • Contact:  Michele Pouliot

Quick Facts

Asking Price: $2,700,000
Annual Revenue: $1,514,940
Net Profit: Not Disclosed
Cash Flow: $1,189,334
Total Debt: Not Disclosed
FF&E: $17,500
Real Estate: Not Disclosed
Year Established: 1988
Employees: 7
BBN Listing #: 980610
Broker Reference #: 1051-18638

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Business Overview:

This Chiropractic business has been a staple in the local community of Pensacola since 1988. The sellers purchased the practice from a previous D.C. whom the seller worked for as an employee, running the operation. Back then, the practice served 90 patients or so a week on average, in which the owner was treating most of them himself. When the previous owner was ready to exit, the business changed hands and the sellers in 1988 at the start of their new venture. Since the humble beginnings, the business has grown exponentially, from 90 patients a week, to upwards of 120 patients serviced PER DAY. The sellers are proud of the practice they have built, based on the principle of always doing what is in the best interest of their patients.  The business has an enormous customer base, some days 8-10 brand new patients are serviced.

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Property Features and Assets:

Rent Adjustment takes into account proposed lease rate of $4,500/Month. Sellers own the entire property and will be the landlord for the new owner going forward, leasing out the 1,849 square feet office space.

Assets = $25,000

Market Competition and Expansion:

Many local competitors perform strictly Activator Work (for lack of mobility), whereas this office offers a diverse array of services and techniques based upon the true needs of the patient. There are numerous franchise practices in the area which tend to lack the personalized touch of a private practitioner. Owners of other private practices have retired in recent years, leaving the sellers practice as one of the longest standing private practices in the area.

Advertising in social media and other advertising medians could pose an opportunity for growth, The new owner could add an additional D.C. to the staff. The business also does not have a website, which would lead to additional exposure to potential patients.

Reason for Selling:

Retirement.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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