Chiropractic practice with advanced holistic wellness services
Asking Price: | $595,000 |
Gross Revenue: | $863,000 |
Cash Flow: | $353,000 |
Established Year: | 1998 |
Unique opportunity to own a lucrative, high net, mostly cash practice in exclusive Newport Beach, California. The chiropractic and natural medicine practice of James and JoQueta Handy uses an integrative approach to wellness, combining the latest in chiropractic modalities with nutrition and biofeedback. With an affluent and health-conscious population and over 30 years of consistent return business, the ability to have an abundant practice drawing from a large metropolitan area is available from the moment you step in.
Imagine making nearly $350,000 per year working until only 2 pm, with 3-day weekends every week and plenty of time off each year for vacation. No additional marketing necessary—the reputation of this practice keeps a steady stream of new patients pouring in.
Decades of goodwill and consistent high dollar-per-patient flow mean you’ll continue to keep your costs predictable. Add more hours, accept more insurance, and/or do some marketing, and you have the chance to add even more success to an already booming practice.
Whether you are a practitioner who is just starting out, or an established clinician with some years under your belt, Handy Wellness Center offers you the chance to hit the ground running. Step into this rare, once-in-a-lifetime, turn-key opportunity to run the practice of your dreams in one of the most vibrant and prosperous areas in the country.
This 3 decade+ practice has thousands of patient files, with hundreds active at any one time. The practice has been averaging about 300 chiropractic appointments and just over 80 natural medicine appointments per month.
The practice is 85% cash, 15% insurance. Current owners do not take Medicaid patients or personal injury cases.
The clinic is located on the first floor of a two-story medical building across the street from the regional John Wayne International airport and adjacent to the crossing point of all the major highways in and out of town. The 2,600-square-foot office consists of a spacious waiting/reception area, front office, 5 treatment rooms, a gym area with infrared sauna, a private doctor’s office, and an office for the office manager.
The clinic currently has two W-2 employees: an office manager who has worked in the clinic for more than 8 years, four days per week, and a biofeedback and breathwork coaching assistant four days per week. A billing specialist works one day per week and is paid by the hour plus a percentage of collections. All may be willing to stay on at the prerogative of the new owner.
Sellers would ideally like to continue practicing part-time at the present location. Both doctors are willing to train staff and work through the transition of new ownership on a consulting basis. They are willing to teach and share the many effective approaches to healing and clinic ownership they’ve accrued over the course of their careers.
Please contact us for more information and to discuss this amazing opportunity.