CONFIDENTIAL PROFILE

TYPE OF BUSINESS: CHIROPRACTIC OFFICE
STATE: IN
BUS. PHONE: DO NOT CALL OR DROP IN WITHOUT PERMISSION

EVALUATED AT: LISTING RATIO OF 4.06 = $189.704.00
SELLER’S ASKING PRICE: $169,950.00

INCOME STATUS

12 MONTH AV. (OVER 24 MONTH PERIOD) INCOME PERIOD: 01/16 – 12/18
COLLECTIONS: $221,757.00
NET CASH FLOW: $130,851.00 – Est. (AFTER ADDBACKS)
NEW PATIENTS: 181 – Est. 
TOTAL VISITS: 5,057
RETENTION: 27.93
CASE FEE: $1,225,17
CASH PER VISIT AV: $43.85

ASSETS

EQUIPMENT, FURNISHINGS: $28,000.00
GOODWILL/INVENTORY (AT COST): (PATIENT FILES) $151,404.00
NON-COMPETE COVENANT: $3,000.00
SUPPLIES COST: $200.00
TRADE NAME: $-0- 
LEASEHOLD IMPROVE: $7,100.00
TOTAL: $189,704.00

GENERAL INFORMATION

YEARS ESTABLISHED: 15 YEARS
YEARS BY OWNER: 12 YEARS
EMPLOYEES: 1-CA
TRAINING PERIOD: OPEN
DAYS OPEN: 3 FULL, 2 HALF DAYS
SELLER’S DUTIES: CHIROPRACTIC/MANAGER
HOURS OPEN:  M/W/TH 8:30-12:00, 2:00-6:00, T 2:00-6:00, F 8:30-12:00 
REASON: SEMI-RETIRING
TECHNIQUE: DIVERSIFIED

COMMENTS:

THIS GREAT OFFICE IS LOCATED AT A VERY BUSY INTERSECTION AND GROWING COMMUNITY JUST OUTSIDE OF INDIANAPOLIS ON THE WEST SIDE.  SURROUNDED BY LOTS OF RESTAURANTS AND SHOPPING, THIS OFFICE HAS BEEN PART OF THIS COMMUNITY FOR OVER 15 YEARS. I HAVE RUN THIS OFFICE WITH A FULL STAFF AND FOR THE LAST 3 YEARS WITHOUT ANY STAFF (DUE TO PATIENT KIOSK), BESIDES OUTSOURCED BILLING, WHICH MEANS IT IS A BLANK CANVAS BESIDES INSTANT PATIENT FLOW FOR YOU IN THE SECOND LARGEST GROWING COUNTY IN INDIANA.

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.