Chiropractic Practice in Western Maine

This successful Chiropractic clinic in western Main is thriving–and ready for a new owner!

He has been in this location since 1998.He has a very attractive, modern 2,400 sq ft office with a comfortable waiting area and office space for his employees.

The owner reports:

– 110 adjustments per week
– 4-5 new patients per week
– 1157 active (within prior 3 years) patients
– Almost 4,000 total patients in database

The seller is one of the only providers in the area with a VA contract. He reports that 30% of his patients pay with cash. Some elect to pre-pay their copays, for which he offers a discount.

All of this contributes to a very healthy cash flow!

The practice comes with digital x-ray, practice management software, treatment tables and all of the necessary furniture and equipment.
This is unlikely to be a good fit for absentee ownership. An owner/operator is best.

Owner financing is not an option.

Financials

Purchase Price: $525,000
Cash Flow: $171,000
Gross Revenue: $500,000
Inventory: TBD
Real Estate: $5,900/month, NNN
TOTAL ASKING PRICE – $

Employees: 5 FT, 0 PT
Founded: 1998
Reason for Sale: Other Opportunities

Training: The seller will assist in the transition with training and support.