Unsaved Changes
You have unsaved changes, are you sure you want to leave this page?
Los Angeles County, California
Asking Price
$739,000
Revenue
$2,200,000
Down
$739,000
Cash Flow
$360,000
Name: Jonathan Hwang
Phone: Show phone number
Name
Jonathan Hwang
Phone
Show phone number
Years Established:
2007
FE&E:
30,000
Reason for sale:
Retire
Support & Training:
Full training and post-sale support
Size in Square Feet:
1000
Lease Terms:
3 Years option
Premises Details:
Street Center
Posting ID:
4095604
Attributes:
For Sale By Owner
Training And Support
Recommended Businesses
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
San Diego, California
Whale Watching Tour Operator - Well Established
$ 170,000
CF : $ 75,000
Love whales? Then this business is for you! Business is a San Diego based adventure travel operator and whale safari camp tour business. This niche business has been in operation since 1992, logging over 3,000 hours observing the whales of Baja Ca. Highlights - Very well established whale tour operator with no negative online reviews. - Short tour season (January - March) allows for plenty of freedom. - Frequent contact with whales! - Well developed Web sites for marketing. - Rare seaside camp located in a remote but seasonally highly traveled area. For many people going on a whale watching tour is a 'bucket list' item. However, once they have experienced the whale tour they become the businesses best form of advertising- word of mouth! The majority of the marketing comes through the business Web site. The owner estimates that about 1/2 of the buyers come in through organic searches and the other through pay per click advertising campaigns. Travel shows are also a good source of leads. Company operations are very straightforward with well trained staff. Owner would be happy to stay involved with the business post sale to help the new owners get acquainted with everything. Please complete the inquiry form for more information about this listing.
Los Angeles County, California
Mexican Market
$ 800,000
Mexican Market In Los Angeles County Established In 2007, This 2,500 Square Ft Mexican Market Is Located On A Street Corner And Features Check Cashing, Deli, Produce, Meat Market, Groceries. The Approx. 6,000 Square Ft Will Park About 20 Cars. Buy One Market Separately, Or Buy All 3 Mexican Markets (See Other Mexican Market Listings In Los Angeles County For Details On Other Available Markets). Gross Sales Are 45,000 Per Month Listing Price For Business Is 250,000 Listing Price For Building And Land Is 550,000 Principles Only.
Los Angeles County, California
Curves Women’s Fitness Center Franchise
Call/Email
Recognized As One Of The Largest Fitness Franchise In The World, This Curves For Women Facility Has Been In Business Since April 2003. Located Near The Southern Edge Of Los Angeles County - Or Northern Edge Of Orange County), This 2,550 Sq. Ft. Space Offers The Complete Range Of 13 Different Curves Authorized Machines Plus 13 Recovery Stations. In Addition To Being Ranked As One Of The Top Best Franchise In "Entrepreneur Magazine," It Also Places In The Top 15% Of Curves Franchises. This Curves Location Has Over 500+ Paid Clients Including 450+ Cds And The Owner/Operator Works Between 20 To 25 Hours Per Week. Recent Successful Promo Will Net About 75+ New Clients. Rent Is 6,250/Month And Lease Expires In April 2009 With Option To Renew Until 2014. Sba Loan Approved. Principals Only Please.
Contra Costa County, California
Gas Station, Market, Laundromat
$ 1,349,000
CF : $ 300,000
Gas Station, Kwik serve, market, laundromat. Gas station monthly sales 70 to 80,000 gallon per month, margin minimum per gallon 45 cents. Grocery store monthly sales $75,000 per month. Laundromat nets per month $10,000. The lease expires in 2029, the monthly rent $12,600.00 Includes NNN.
Los Angeles County, California
Medical Spa
$ 89,000
CF : $ 58,000
Newly established in 2008, this turnkey Med Spa is poised for significant growth! In just 2 short years, the spa has 350 active charts, with the M.D. and D.O. owners working only 4 hours per week! This beautiful med spa is in a great location and is centrally located to affluent communities in Los Angeles County. The business operates from a 929 square foot facility, which leases for 2,000 per month. The three treatment rooms are equipped with cutting-edge, top-of-the-line lasers, providing laser hair reduction, complexion correction, skin rejuvenation, wrinkle smoothing, laxity lifts, and dermal infusion (by SilkPeel). The clientele are mostly women, aged 16-70, with the majority being 30-40 years old, multi-ethnic, all English-speaking, educated and certain about what procedures and treatments they want performed. Many opportunities for growth include expanding hours, adding additional services, such as Botox, and permanent makeup, selling other skincare products, and advertising the business. Buyers for the med spa can be an M.D., D.O., or an R.N. or P.A. under the supervision of a medical director. The owners are selling the spa because both have medical practices and do not have the time to devote to the business.
Tracy, California
Restaurant - Well Established, High End
$ 170,000
A well-established high-end restaurant located in the heart of Tracy within walking distance from offices and shops. Anchor tenants include Home Depot, Texas Roadhouse, Target and West Valley Mall. Heavy traffic location and conveniently located off highway 205. Please contact LA, Darron Tang at 510 915-4771 or dtang@golden-west.org to schedule a private showing. Please DO NOT disturb business, patrons and/or employees.
Recommended Brokers
ProInter
Jack Oh
Power Realty & Investments
Southern California
ProInter
Ryan Clark
The Veld Group
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
Southern California
ProInter
Brett Sargent
Sunbelt Business Brokers of Sacramento
Sacramento, Placer, Yolo El Dorado Counties
ProInter
Harry Sidhu, CBB, CBI
Mission Peak Brokers, Inc.
SF North Bay Area, SAC Area, Central Valley
ProInter
Dustin Sigall
SD Business Advisors
Located in San Diego, First Choice Business Brokers is one of the largest and most successful brokerage firms in the Southern California marketplace. We specialize in sales of businesses of all types including Service, Retail, Commercial, Construction, Manufacturing, Distribution, and Franchises.
San Diego, Orange County Areas, Inland Empire
ProInter
Julieanna Wakileh
Liberty Business Advisors of San Francisco Inc.
Business brokerage services - specializing in Pre Schools in the SF Bay Area, Sacramento Area, North Bay, Central Valley.
SF Bay Area, North Bay, Sacramento
ProInter
Taj Randhawa
REMAX Gold Commercial
If you are looking to Buy or Sell your Business/Commercial Real Estate or any Investment property all over California then please contact me. A name you can depend on....Knowledgeable - Approachable - Trustworthy - Hard Working - Excellent Service - Excellent Results.
Central Valley, SF Bay Area
ProInter
Ralph Santos
Healthcare Biz Brokers
Los Angeles, Ventura Counties
ProInter
Matt Weiler
California Business Broker
Business Broker With 20+ Years Experience Specializing in Gas Station Acquisitions and Sales. Area of Focus: San Francisco Bay Area.
San Francisco Bay Area, North Bay
ProInter
Bashir Tariq
KW Commercial
Southern California
ProInter
Lee Petsas
UBI Business Brokers
Southern California
ProInter
Rick Carlson
ProNova Partners
You Will Never Feel Lost In The Shuffle. Many Brokers Simply Send Out An NDA And That's The End Of Communication. All Buyers Receive A Personal Meeting With A ProNova Partners M&A Advisor So They Can Recommend The Perfect Business For You.
Nationwide, USA
ProInter
Matt Manavi, CBB, CBI, CMAP, M
Transworld Business Advisors of Orange
California
ProInter
Chuck Post
PBI Laundry Consulting
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
All California
ProInter
Joanne Weber
Ryan Craig Company - Preschool Specialist
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.
Southern California
ProInter
Steve Zimmerman
Restaurant Realty Company
Steve founded Restaurant Realty in 1996. He has personally sold/leased over 1000 restaurants, bars & clubs, & completed over 4000 valuations. He is the author of "Restaurant Dealmaker - An Insider's Trade Secrets For Buying a Restaurant, Bar or Club" available on Amazon.
California
ProInter
George Lanza
Plethora Businesses
Southern California
ProInter
Ran Kim
VR Business Brokers
Southern California
View More
Recommended Blogs
Buying A Business
How Coin Laundry Owners Can Control Rising Utility Rates
Buying A Business
Allocation Of The Purchase Price When Selling A California Small Business
Buying A Business
The Laundry Lease And Its Effect On The Laundromat Valuation
Deal And Escrow Issues
When Buying A Laundry Watch Out For Making These Mistakes
Buying A Business
Why Do Laundromats Fail?
BizBen News
Selling A Business Online - Advertising Tips For Sellers And Business Brokers
Buying A Business
Handling Inventory In Connection With Selling A Small Business
Buying A Business
A Comprehensive Guide to Buying a Profitable Business in 2023
Buying A Business
Buying A Car Wash: Three Successful Types Of Car Washes To Consider
How To Sell A Business
What to Expect When Selling Your Tax Practice Or CPA Firm
Business Valuation Issues
What Is Your Business Worth? 3 Ways to Make Your Company More Valuable
General Info
Starting a Smog Check Service: A Comprehensive Guide for Success
Business Broker Information
Landlord Issues: Working With Landlords When Selling Or Buying A Business
Deal And Escrow Issues
Understanding Seller Discretionary Earnings
Buying A Business
The Pros And Cons Of Buying An Absentee Run Small Business
Buying A Business
How Escrow Protects You In A Business Transaction
BizBen News
FREE Online Webinar: For Laundry Buyers - How To Buy A Card, Coin Laundry
Business Purchase Financing
What Are Business Buyers Biggest Mistakes? We Examine The Most Common
Buying A Business
Due Diligence: Definition And Checklist For Due Diligence Services
Deal And Escrow Issues
Structuring Owner Carry Notes When Selling A Business