Listing Number: 189597-939467
Description
This Chiropractic Center has been serving an affluent area of South Jersey for the past 36 years. The doctor has been consistently ranked one of the Top Physicians in South Jersey with impeccable google reviews. The office is equipped with over 150k of state-of-the-art machinery (included in the sale) and a very experienced staff in place that will remain with the new owner. The office is currently open only three and a half days per week which leaves a huge opportunity to increase the already highly profitable practice. The practice had over 17,000 patient visits last year operating on a part time basis! They accept all major insurance plans as payment and the office staff in place handles collection of all reimbursements. If you are an owner of a chiropractic practice and thinking about expanding, a chiropractor looking to break off and buy your own practice, or a young chiropractor coming out of school, this is a very unique opportunity to acquire a highly profitable well-established practice in a great demographic area of NJ. The doctor is retiring but will stay on to ensure a smooth transition. This business is pre-approved for SBA 7(a) loan so qualified buyers are only required to put 130k down at closing, making this one a chiropractor's dream!!!
Listing Details
- Price: $1,200,000
- Down Payment: $130,000
- Sellers Discretionary Earnings: $387,643
- Total Sales: $1,172,131
- Location: Burlington County, New Jersey
- Inventory: $0
- FF&E: $150,000
- Employees: 4
- Year Established: 1989
- Reason for Selling: Retirement
- Category: Medical Related Biz