CONFIDENTIAL PROFILE
TYPE OF BUSINESS: CHIROPRACTIC OFFICE
BUS. PHONE: DO NOT CALL OR DROP IN WITHOUT PERMISSION
EVALUATED AT: LISTING RATIO OF 4.06 = $161,052.00
SELLER’S ASKING PRICE: $161,052.00
INCOME STATUS
12 MONTH (ACCUMULATIVE) INCOME PERIOD: 01/15 – 12/16
COLLECTIONS: $259,463.00
NET CASH FLOW: $111,071.00 – Est.
NEW PATIENTS: 219
TOTAL VISITS: 3,694
RETENTION: 16.86
CASE FEE: $1,184.76
CASH PER VISIT AV: $70.23
ASSETS
EQUIPMENT, FURNISHINGS: $89,250.00
GOODWILL/INVENTORY (AT COST):
(PATIENT FILES) $56,802.00
NON-COMPETE COVENANT: $3,000.00
SUPPLIES: COST $2,000.00
TRADE NAME: -0-
LEASEHOLD IMPROVE: $10,000.00
TOTAL: $161,052.00
GENERAL INFORMATION
YEARS ESTABLISHED: 9 YEARS
EMPLOYEES: 2-CA’s
YEARS BY OWNER: 9 YEARS
TRAINING PERIOD: OPEN
DAYS OPEN: 4-HALF, 2 FULL DAYS
SELLER’S DUTIES: CHIROPRACTOR/MGR
HOURS OPEN: M/T/W/TH/F/SAT 9:00-1:00, W 3:00-7:00
REASON: MOVING
TECHNIQUE: DIVERSIFIED
COMMENTS:
PRACTICE IS 60% HEALTH INSURANCE, 30% PI, 20% CASH PRACTICE. LOTS OF POTENTIAL AND OPPORTUNITY TO GROW. 1600 S.F.: WAITING ROOM, FRONT DESK, DOCTOR’S OFFICE, 2 MAIN ADJUSTING ROOMS, 1 RELAXING ROOM WITH 2 MECHANICAL TRACTION TABLES, A 2-COMBINED REHAB ROOM, AN X-RAY ROOM/MASSAGE ROOM, A DARK ROOM, A BREAK ROOM, AND A HUGE RESTROOM.
TECHNIQUES PERFORMED: DIVERSIFIED, SOT, ACTIVATOR METHOD, MFT/NUTRITION RESPONSE TESTING (MUSCLE TESTING), EMS, US, TRACTION.
PERSONALITY: RELAXING AND SPA-LIKE FOR PATIENTS.
AS FOR ANCHORS: COSTCO IS ACROSS THE STREET, McDONALD’S, SUBWAY, DMV, AND PARKOUR GYM ARE NEXT TO US. WE ARE 3 BLOCKS FROM THE SAN CLARA FAIRGROUNDS, 4 BLOCKS FROM THE PLANT SHOPPING (CHASE BANK, HOME DEPOT, TARGET, PAYLESS SHOESOURCE, McDONALD’S, STARBUCKS, BEST BUY, PETSMART, RESTAURANTS, AND MORE), OAK HILL MEMORIAL PARK, GOLD’S GYM, HAPPY HOLLOW PARK, AND ZOO.
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.