Listing ID: 77536

Business Overview

Cutting-edge laser, stem cell, and magnetic medical technology practices. One location is in Orange County and one is in Riverside County. High SDE, strong performance during the pandemic.
A Medical Director oversees the clinics and can stay after the sale.
No Insurance or Medicare payments make the business simple to operate administratively.

Office in Medical building

Financial

  • Asking Price: $2,400,000
  • Cash Flow: $820,694
  • Gross Revenue: $2,779,439
  • EBITDA: N/A
  • FF&E: $500,000
  • Inventory: $20,000
  • Inventory Included: Yes
  • Established: 2010

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:2,200
  • Lot Size:N/A
  • Total Number of Employees:7
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

4 weeks

Purpose For Selling:

retirement

Additional Info

The company was established in 2010, making the business 12 years old.
The deal does include inventory valued at $20,000, which is included in the suggested price.

The business has 7 employees and is situated in a building with approx. square footage of 2,200 sq ft.
The property is leased by the company for $4,136 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals resolve to sell businesses. Nevertheless, the true factor and the one they tell you might be 2 totally different things. For instance, they might say "I have a lot of various responsibilities" or "I am retiring". For many sellers, these reasons are valid. But, for some, these might just be justifications to attempt to conceal the reality of transforming demographics, increased competitors, current decrease in revenues, or a variety of other factors. This is why it is very vital that you not rely totally on a vendor's word, however instead, make use of the seller's answer in conjunction with your total due diligence. This will repaint a much more practical picture of the business's existing scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your offer. Many businesses finance loans in order to cover points like inventory, payroll, accounts payable, etc. Remember that occasionally this can indicate that earnings margins are too small. Numerous companies fall into a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may also be future obligations to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with suppliers that have to be met or may lead to charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area bring in new clients? Often times, companies have repeat clients, which develop the core of their everyday revenues. Particular variables such as brand-new competition sprouting up around the area, road building, and also staff turn over can influence repeat clients and adversely impact future revenues. One important point to consider is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Certainly, the more individuals that see the business on a regular basis, the higher the chance to develop a returning customer base. A last idea is the general area demographics. Is the business situated in a largely populated city, or is it situated on the outside border of town? Just how might the neighborhood typical household earnings effect future earnings potential?