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Listed by:

Business Brokers of Arizona

Established Chiropractic Practice In North PHX For Sale

Phoenix, Arizona, US
Asking Price:
$279,000 Furniture / Fixtures included
Sales Revenue:
$325,000
Cash Flow:
$139,000

Well-established chiropractic and wellness practice in an affluent North Phoenix market, in the same location for over a decade with a loyal base. Roughly 75% of collections are paid directly by patients and the balance is Medicare; commercial insurance is not billed. Approximately 5,465 patient visits a year on minimal advertising. The practice runs on referrals and great online presence. Owner is the Chiropractor and works 20 hours a week and treatment rooms sit unused. A purchaser could extend hours, add a second provider within the existing premises, or market the practice consistently for the first time. A full-time front-office manager and a part-time massage therapist are in place and open to remaining. The owner is retiring after 36 years and will support a transition. Detailed report available to qualified buyers on execution of a confidentiality agreement.

Property Information

Real Estate:

Lease

Leasehold Rent:

$4,400 per annum

Business Operation

Reasons for selling:

Retirement

Employees:
1 F/T 1 Contract
Years established:
2013

Other Information

Support & training:

Negotiable

Furniture / Fixtures value:
$30,000 - included in the asking price