Profitable Chiropractic Clinic in Piedmont-Triad Area

Financial Information

  • Asking Price: $545,000
  • Gross Revenue: $471,711
  • Cash Flow: $245,000
  • Down Payment: ON REQUEST
  • FF&E (Not Included): ON REQUEST
  • Inventory: $10,000
  • Financing: Yes

Business Location

  • Piedmont Triad
  • North Carolina
Primary Business Category: Offices of Chiropractors

Looking for personable DC to carry on this 28-year community practice in the Piedmont /Triad region of North Carolina. Collections are $470,000 per year on a 3 day a week reduced schedule with net profit of $245,000 on average. This practice could easily accommodate a 5 day a week schedule and price adjustment thereby boosting revenues to $600k per year which is in line with prior years before moving to a reduced schedule. Practice client base is over 4000 patients, and they average 9,200 visits a year. On a weekly basis, they see 9 new patients a week which is driven solely by their visibility on a high traffic, main artery through town which is in the heart of shopping and restaurants. They accept all insurances which provides a great platform for all clients. Nominal competition is in the market and is an excellent opportunity for a turn-key book of business. Current design supports: Business Office, X-Ray, DC Office, and 3 Physical Therapy Room/Adjustment Rooms. Current staff comprises 2 FT personal one of which is a Physical Therapist. Lease is $1,600/mo and landlords are very open to considering an extension. DC would like to stay and work 1-2 days a week which makes this a perfect opportunity for a young DC to take over ownership. If you would like more information, please contact Shanon Madrid at 919-858-6853 Ext 101 or [email protected]

Competition Description

2 within a 10-mile radius

Growth / Expansion overview

Practice is operating only 3 full days a week.

Support / Training Comments

Seller would like to stay on 1-2 days per week. Transition will be 3 weeks.

Financing Comments

Seller will consider a Note for Highly qualified buyer

  • Home Based: No
  • Year Established: 1993
  • Franchise: No
  • Year Acquired: 1993
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Doctor of Chiropractic

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Days Open: Monday- Friday
  • Fulltime Employees: 1
  • Part time Employees: 2
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: $0
  • Monthly Rent: $1,600

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Business Listed by

Sunbelt Durham

Contact: Shanon Madrid
Office Phone: 919-624-9275
Mobile Phone: 919-624-9275
Listing ID: DURHANC001-N97

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