CONFIDENTIAL PROFILE
TYPE OF BUSINESS: CHIROPRACTIC OFFICE
STATE: CA
BUS. PHONE: DO NOT CALL OR DROP IN WITHOUT PERMISSION
EVALUATED AT: $290,016.00 – Listing Ratio = 4.06
SELLER’S ASKING PRICE: $198,000.00
INCOME STATUS
12 MONTH AV. (OVER 24-MONTH PERIOD) INCOME PERIOD: 01/16 – 12/17
COLLECTIONS: $332,111.00
NET CASH FLOW: $200,041.00 (AFTER ADDBACKS)-EST.
NEW PATIENTS: 287
TOTAL VISITS: 6,431
RETENTION: 22.40
CASE FEE: $1,157.18
CASH PER VISIT AV: $51.64
ASSETS
EQUIPMENT, FURNISHINGS: $36,431.00
GOODWILL/INVENTORY (AT COST):
(PATIENT FILES) $247,385.00
NON-COMPETE COVENANT: $3,000.00
SUPPLIES: COST $200.00
TRADE NAME: $3,000.00
LEASEHOLD IMPROVE $ -0-
TOTAL $290,016.00
GENERAL INFORMATION
YEARS ESTABLISHED: 30 YEARS
EMPLOYEES: 4-CA’s, 1-LMT
YEARS BY OWNER: 30 YEARS
TRAINING PERIOD: OPEN
DAYS OPEN: 3-FULL, 2-HALF
DAYS SELLER’S DUTIES: CHIROPRACTOR
HOURS OPEN: M/W/F 9:00-1:00, 2:00-6:00, T/F 9:00-1:00
REASON: RETIRING
TECHNIQUE: ACTIVATOR
COMMENTS:
This extra special chiropractic office awaits you.
WHAT
A trending high desert location! Yucca Valley is a small town wonder next to infamous pioneer town and Joshua Tree. It is home to locals, as well as east and west coasters searching to unplug. Global tourists (1.4 million in 2013 to $2.5 million in 2016) descend on Joshua Tree National Park.
Hipsters, Millennials, and those in the know, come to hear the music (1026 unscripted performance by Sir Paul McCartney) at the local Pappy & Harriet’s and Music Festivals in Joshua Tree. Many come to check out the low-key art scene, stay in the “off the grid motels and Airbnb’s enjoying the laidback desert vibe”.
WHERE
Location, location, perfect location! Located off the busiest intersection in the high desert. Impressive and quaint. Two-story, mission style, Southwestern façade office. It stands out at the crossroads to Southern California’s mountain resort destinations, short cut to Las Vegas, and just 15 miles from the 29 Palms Marine Base – the largest land marine base in the U.S.A. It is 37 miles from Palm Springs and resort cities – playground to the rich and famous. Explore nature, golf courses, casinos, hot water spas.
WHO
This practice has successfully served thousands of patients in a 30-year activator based practice. Some have been patients for 30 years with multi-generational retention.
HOW
This practice thrived due to diligently being active and involved in supporting the pulse of the community. It’s the only chiropractic office that supported and assisted the local high school athletics department – both on and off campus – raised money for the needy, and donated over 90,000 pounds of food to the various food banks. Its patients have overwhelmingly supported Samaritans Purse during the Christmas season with hundreds of boxes of toys and necessities.
We are a proud sponsor of youth soccer, baseball, and football leagues, a 30-year member of the Yucca Valley Chamber of Commerce, and a 16-year member of the Yucca Valley Chamber of Commerce, and a 16-year member and business networking international. Goodwill is what we successfully built on for 30 years.
THE SELLER HAS SUPPLIED THE ABOVE INFORMATION. AGENT HAS NOT INVESTIGATED ANY OF THE FACTS ABOVE. AGENT SUGGESTS BUYERS RETAIN ATTORNEY, ACCOUNTANT, OR ANY OTHER ADVISOR TO VERIFY ALL OF THE ABOVE INFORMATION SUPPLIED BY THE SELLER.
