Well-Established Prime Located Chiropractic Office For Sale

Greensboro, NC
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Asking Price:$237,900
Gross Revenue:$459,000
Rent:$2,222/Month
Cash Flow:$248,000
Inventory:$40,000
Established Year:2018
BUSINESS DESCRIPTION

Family Practice for sale

1179 SQ. FT. Prime located Chiropractic Practice that has a lot of foot, and car traffic with side and front exposure ( corner spot ) in a desirable area that is growing every day. There is a front waiting room, with an exercise section, and Front office. Updated flooring and modern appearance. In the office there are multiple working rooms, (1) a traction room, (2) massage room, (3) Xray - Exam- adjusting room, (4) main adjusting room, and (5) a small room with stim/ultrasound and an adjusting table. Finally in the back is a kitchen area and bathroom. The office typically starts up 30 - 60 new patients a month. There is lots of room for growth -- more Hrs. per week, A 6th or 7th day, more services, and a 2nd Doc., all adds up to a very busy practice. This corner spot has always had a chiropractor since the building was built 1986 ( 38 years ). Holistic healthcare chiropractic practice has built a solid reputation for excellence in patient care and community engagement.
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DETAILED INFORMATION
Location
Greensboro, NC
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,179
Lease Expiration
01/03/2025
Employees
3
Facilities
All equipment and furniture typically used in the business, Gronk machine, Vibe plate, 2 roller table/ traction tables, flat bench adjusting table, Zenith 420 Hi-Lo with head to pelvis drops, Cox table with drops, Air-Flex adjusting table, intellect 4 ultra-sound/ stim, and Digital Xray. Included in the asking price.
Competition
Closest Chiropractic office is 3 miles. Not much competition around
Growth & Expansion
There is lots of room for growth/expansion -- more Hrs. per week, A 6th or 7th day, more services, and a 2nd Doc., all adds up to a very busy office. This corner spot has always had a chiropractor since the building was built 1986 ( 38 years ).
Support & Training
Seller is willing to provide any required transition training, and support for the owner/new Doctor to the office and patients. Seller is also willing to stay on as a full or part time weekly paid doctor, if all parties work well together thereafter.
Reason for Selling
Retirement
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Michael Myers
Michael Myers