Business Overview

Thriving acupuncture practice with growth potential. Virtually turn-key.
Ideal location with no direct competition.
Owner has built a solid reputation
in the acupuncture community appealing to people interested in alternatives to traditional western medicine.
The business offers a variety of treatments that can help improve the health of family members of all ages including recommendations for acupuncture, nutrition, and Chinese (patent) herbs. Special focus in acupuncture treatments for pregnant women, children, adolescents, and anyone with any type of skin condition.
Priced to sell. Financing available.

Financial

  • Asking Price: $50,000
  • Cash Flow: $25,000
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A
Purpose For Selling:

Owner only lives here part-time

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals choose to sell companies. However, the true factor vs the one they say to you might be 2 completely different things. For instance, they may say "I have way too many other obligations" or "I am retiring". For lots of sellers, these reasons stand. But, for some, these may simply be excuses to try to conceal the reality of changing demographics, increased competitors, current reduction in profits, or an array of other reasons. This is why it is extremely vital that you not count totally on a vendor's word, however instead, use the seller's response combined with your general due diligence. This will paint an extra sensible picture of the business's existing situation.

Existing Debts and Future Obligations

If the current company is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Many companies take out loans in order to cover things like inventory, payroll, accounts payable, etc. Remember that in some cases this can imply that profit margins are too small. Many businesses fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may additionally be future obligations to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with suppliers that have to be met or might cause penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the area draw in new customers? Most times, operating businesses have repeat clients, which develop the core of their everyday revenues. Certain factors such as brand-new competition growing up around the area, road building, as well as staff turn over can affect repeat clients as well as adversely impact future profits. One crucial point to consider is the area of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Certainly, the more individuals that see the business regularly, the better the chance to construct a returning client base. A final thought is the basic area demographics. Is the business placed in a largely inhabited city, or is it situated on the outside border of town? Exactly how might the neighborhood average house earnings influence future earnings potential?