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Recommended Businesses
Los Angeles County, California
Jewelry Store
$ 69,000
CF : $ 110,000
You couldn't ask for a better location than this! This lovely jewelry store is situated in a popular shopping center across the street from a major, upscale mall in an affluent South Bay city! The center is near the freeway which provides easy access, and the magnet stores draw customers! Also, the jewelry store has extra-large signage for prominent visibility from the very busy street! Established in 1991, this full-service jeweler offers a large selection of jewelry -- wedding and engagement rings, diamond, pearl and gem stone rings, necklaces, earrings and bracelets, men's and women's watches -- and also provides jewelry and watch repair and jewelry cleaning. The business operates from a 2,000 square foot facility, which leases for 5,500 per month. The low rent keeps overhead costs affordable! This jewelry store is perfect for an enterprising gemologist who would like to have their own store, or for an existing jeweler who would like to add a second location! The owner is ready to retire, and is highly motivated.
Encinitas, California
Acupuncture Service - Medical Practice
$ 134,599
CF : $ 80,000
Unique opportunity to own a lucrative, half-cash practice in the gorgeous Southern California coastal community of Encinitas. Acupuncture Continuum Inc. (Acupuncture Continuum), currently the acupuncture practice of Karen Sulger, L.Ac., is in north San Diego County just a few minutes from the beach. Perfectly located with very low rental costs, the beautiful practice serves the area's highly health conscious and affluent population. Acupuncture Continuum is well established and enjoys a sterling reputation for clinical efficacy. With nearly 25 years in the area, the practice also maintains strong relationships with referring MDs, particularly in the medical complex from which it operates. Even in the midst of Covid, return business remains consistent and there is a steady influx of new patients. The opportunity to run an abundant practice drawing from a major metropolitan area is available now. Imagine making close to $200,000 per year, working three days per week and with plenty of time off for vacation. No additional marketing necessary the established reputation of this 23-year-old practice maintains a steady flow of new patients and loyal return patients. Low overhead (including very low rent), years of records, substantial cash clientele and consistent patient flow mean that a new owner can expect to keep costs low. Add more hours, hire associates, and/or expand marketing, and you have the chance to add even more success to an already prosperous practice. Whether you are fresh out of school or an experienced clinician, Acupuncture Continuum offers the chance to hit the ground running. This is a turn-key opportunity to run a successful practice in one of the most sought-after, tranquil, prosperous areas in the country. Call or email today, come by and spend some time at the clinic, and see for yourself. As the new owner, you could be thriving in just a few short months. The Setting The City of Encinitas is located 25 miles north of San Diego and is part of the greater San Diego Metropolitan Area. It has a population of just over 60,000, with easy access to over 3 million others who live in San Diego County. Recently named among the twenty best surf towns in the world by National Geographic, Encinitas wears its surf history proudly. Located along six miles of pristine Pacific Ocean coastline, the town is an unspoiled reminder of the historic Highway 101 beach culture. With the perfect climate year-round, the city is a very popular weekend outing and a great place to live. Locals find all they need from the city's eclectic downtown, with its unique and dynamic blend of San Diego's top surf shops, amazing restaurants, coffeehouses and record stores. Kids love nearby Legoland theme park, Sea Life Aquarium, and San Diego Zoo and Wildlife Park. The clinic is located in a large medical office complex, easily accessible from the freeway. The well-designed office consists of a good-sized lobby and reception area; four treatment rooms (possible to set up a fifth); a staff office area; ample shelving for the extensive herbal apothecary and storage, and a bathroom. The space is modern and tastefully decorated, and each treatment room has its own speakers for music, a floor heater, and dimmable lighting. The most Covid-wary patients have the option to enter and exit one of the treatment rooms through its own dedicated entrance, bypassing the reception completely. Parking is free and easy here. The decades-old practice maintains longstanding relationships with nearby health providers and the local community from which it receives many referrals. Patient Demographics Ms. Sulger describes the clinic's clientele as 'absolutely wonderful,' she is grateful for the way the clinic has attracted such warm, caring and conscientious people. While the current owner treats a very wide range of conditions, she also has three specialty areas: (1) fertility and women's health concerns, (2) pain, and (3) facial rejuvenation. Most of the current patient load consists of professionals between the ages of 25 and 70. There has been a substantial uptick in fertility patients during Covid, as more couples are trying to conceive at this time. The clinic has averaged between 40-50 patient visits per week and has over twenty years of patient files. Overhead costs remain low, with about half of patients paying in full at the time of their visit, with the remainder using insurance. Typically, patients are from communities within 25 miles of the office. Given the practice's long history in the area, most are referred by word-of-mouth and local allied practitioners, while some come through insurance panels and the clinic's strong online presence (all 5-star reviews on Yelp and top-of-page in Google and Google Maps search engine optimization (SEO) has been a steady priority, and these SEO efforts have paid off). The current owner is also happy to provide years of past calendars to prove consistent patient volume. Modalities Utilized Treatments currently consist of acupuncture, cupping and moxa, as well as herbal medicine and supplements. In addition to using standard acupuncture and traditional Chinese medical techniques, Ms. Sulger also uses the Richard Tan Balance Method and Master Tung points for pain and orthopedic conditions. That said, clients seek the practice because it is known for clinical efficacy; they are not usually seeking a specific style of acupuncture or needling. Income and Expenses The following income and expense summaries are derived from an average of income and adjusted* expenses from 2017-2019. Note that Ms. Sulger has office hours only three days per week and takes up to three weeks off per year. Income Average gross yearly revenue: $190,400+ ($15,860+/mo) Expenses Average adjusted expenses: $102,918 yearly ($8,576/mo) *Adjusted expenses are the net expenses that a new owner would have to take on in order to run the business at the same level of revenue as the current owner. Net Profit: Average $87,491 per year (~$7,290/month) Pricing and Terms $139,500 OBO. The price is based on a conservative professional valuation of just over $140,000, with an average yearly gross of about $190,000 for the past several years. The owner's motivation to sell in a timely fashion (due to her impending retirement) has allowed her to generously factor in a potential discount for attrition and start-up costs on change of ownership. She expects the right person will retain her patients and transition smoothly, making this a great opportunity for the buyer. The purchase will be structured as an asset purchase agreement and may be drawn up between buyer and seller (preferred) or by attorneys, at the discretion and by agreement of both parties. Approval of the buyer is subject to a credit check, and loans from medical practice brokers, banks, or the Small Business Administration (SBA) may be available to finance the transaction depending on the buyer's creditworthiness. Upon purchase, the new owner will receive all patient records, furniture and equipment, the large herbal inventory and high-tech Covid safety equipment (including a UV air sanitizer and HEPA air purifier). The current owner will also transfer to the new owner all clinic-related intellectual property, including the clinic phone number, website, claimed Yelp and Facebook pages, AcuBase EHR and billing system, MailChimp email system, email list, and clinic-related financials. The practice currently employs one part-time office manager who expertly bills insurance, markets, schedules and performs many other office tasks. She is an exceptional worker and may be willing to stay on with the practice at the discretion of the new owner. The landlord is willing to transfer the lease (which is amazingly below-market), and the current owner will facilitate interaction with the landlord in order to secure favorable lease terms. Currently the owner has three month-to-month part-time subletters that reduce the monthly rent even further. A future owner could keep the subletters on or choose to take on the entirety of the rent (which is incredibly low) to expand their own practice. The current owner's goal is to surrender the practice by the end of March 2021. She would be willing to stay on for a limited time to assist in the transition and make introductions to the clientele, if so desired by the new owner, at no additional cost. Opportunities for Growth While the current practice nets a healthy return (even working part-time), a motivated buyer could significantly increase their income upon acquisition through a number of simple changes. * Work more hours. The current owner has office hours only three days per week, so there is plenty of room to expand business hours. There are also part-time subletters whose space could be taken back as needed, all of which would increase revenue. * Bring on other practitioners. In addition to or in lieu of working more hours, the practice could easily support at least two or more providers, either as contractors or as employees. * Reduce office manager hours. The current office manager expertly runs the office on the three days that the current owner works. The new owner could opt to take on some of her tasks to reduce payroll costs and increase net income. * Expand marketing efforts. The practice has an excellent web presence, sends monthly emails to its email list, and keeps up relationships with physicians and other healthcare workers. There is room to do much more such as networking with even more MDs and promoting highly profitable facial rejuvenation but the clinic has been busy enough that these resources have not often been leveraged. * Improve online presence. Blogging, enhancing the website, cultivating a social media presence, implementing pay-per-click, and increasing the frequency of email marketing all hold great potential to increase awareness of the clinic and thereby generate mor
Redondo Beach, California
Brand New Full-Service Salon - Price Reduced
$ 75,000
You have to see this salon and spa to truly appreciate this exciting, turnkey opportunity! This brand-new, high-end salon is located in the extremely popular, upscale center in Redondo Beach! Newly built three months ago, the 961 square foot salon has a very hip and modern decor, and features 8 hair stations, 2 shampoo bowls, 2 hair dryers, a dispensary, and a fully-plumbed aesthetician room. A retail area displays a selection of professional hair care products. The salon specializes in providing a unique, personable experience for clients. The 5 experienced stylists are on the cutting edge of trends and techniques, and offer a wide range of services, including designer cuts, expert color, up-do's, deep hair conditioning, and hair weaves/extensions using 100 percent Indian hair. Although the stylists have their own established clientele, they have the opportunity to increase their clientele by providing services to the many new customers that walk-in daily! The owner feels there are many opportunities to grow the business, by renting out the remaining chairs and aesthetician room, and cross-promoting with complimentary businesses in the center. The current owner needs to sell because he needs to take care of family members who live out of state.
San Bernardino County, California
Full Service Salon
$ 49,000
CF : $ 17,000
This well-established salon is located in a newly remodeled shopping center in San Bernardino County. The center is anchored by a major fitness club, and has many popular fast food restaurants and retailers that draw customers! The 1,600 square foot salon features 8 hair stations, 3 shampoo bowls, 5 hair dryers, 1 facial room, plus a laundry room, a storage room, and a break area. The facial room comes equipped with a table, steamer and towel warmer. The loyal, long-term staff consists of 1 part-time, and 4 full-time cosmetologists, and 2 full-time barbers, all of which are on a rental basis. The salon caters to families, and offers hair cuts, styling, color, highlights, permanents, hair straightening, as well as, men's hair cuts, fades and outlines. There are opportunities to grow the business by filling the remaining hair stations and aesthetician room, selling hair care and skincare products, marketing the salon, and adding a website. The owner is selling the salon because she would like to slow down. She is willing to stay and rent a station if the new owner would like.
Orangevale, California
Laundry Service
$ 79,500
CF : $ 73,000
Own this well-established ( 30 years) shirt laundry plant! The business is one of the largest laundry plants in Sacramento, with high profit margins and is easily managed. Facility has extensive equipment Valued at $79,000. The sale includes 2 delivery vans. Current owner has been in place for just over 5 years. Revenue: 13,000/mo (from wholesale accounts) Net income: 4,800-6,800/mo (Owner Pay) Facility: 2,500 sf Lease rate for facility: $1,674/mo, plus garbage service fee Lease term: 2 years remain, with one 5-year option Employees: 3 Part-time, plus (full-time husband and Part time wife owners) Approximate Value of Furniture, Fixture, and Equipment 79,000. Operation hours: Mon-Fri 6a-5p, closed on Sat-Sun Simple, yet profitable business concept. Limited competition in the area! Owner needs to sell due to wife has major health needs, and is very motivated for a sell!
Contra Costa County, California
Swimming Pool Service Route
$ 72,500
Swimming pool service route in the Alamo, Concord, Danville, Walnut Creek areas. 44 residential accounts with a $6,042 gross per month income. Excellent customer base to build on! Customers have been on service and average of four and a half years with a good payment history. Seller charges extra for filter service (filter cleaning). Repair income is not included in the monthly gross, so there is an additional income stream available to Buyer. Business can be operated out of home. Free extra training is available with purchase! There is no limit to how much you can grow/expand in this service industry! Servicing swimming pools is just one of the revenue streams available. In addition, there is a very lucrative equipment repair and installation income (often $75 to $100 or more per hour) as well as the following related income opportunities; solar repair, acid washing pools, tile cleaning and repair, leak detection. The great thing is that you choose which areas you would like to specialize in! For further information please submit an inquiry through this Web site. You will be required to complete a Non-Disclosure Agreement prior to receiving any additional information. Financial information is only provided after the initial phone interview with the Regional Business Broker assigned to this listing. Broker, broker's agents and broker-associated, employees and all other affiliates of Broker have NOT verified any of the information provided here. By submitting your inquiry through this Web-site you are granting Broker permission to add you to Broker's email subscription list.
Beverly Hills, California
Restaurant - With ABC 47 Liquor License
$ 595,000
Asset sale only. Assets include: ABC 47 (valued at $100K-$150K). Leasehold improvements - FFE (valued at over $180K) - Rent below market: (you save a minimum of $180,000 in rent per year for another comparable space in this area, if you can find one). Pedestrian area: offices, artists management companies, Plastic surgeons offices and other medical facilities, tourists, L.A people strolling Beverly Hills. Some neighboring tenants: Crustecean, Mr Chow, Villa Blanca, Wally's, Neiman Marcus, HSBC, City National Bank, Wells Fargo, Luxury Car Rental Beverly Hills, etc. Prime location in Beverly Hills with ABC 47. Lease approx. 8 years + possibly additional options. 2,200 sq. ft. includes about 200 sq. ft. of offices and storage. Small patio. Plenty of Parking - Fee parking after 6PM. Landlord will consider only experienced operators.
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The Ryan Craig Company is in its 35th year as the recognized expert in Southern California, dealing exclusively in the sale of preschools, Montessori schools, day care centers, and private schools. Our extensive list of references speaks for itself.
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