Turnkey Chiropractic Business

This established, highly respected chiropractic practice has been successfully serving the local community for several years. Known for its exceptional patient care and consistently great reviews, this turnkey business presents a rare opportunity for an experienced chiropractor looking to expand their current practice or take the next step in their professional journey.

This chiropractic practice has a strong 30-year history of serving clients in Northeast Michigan thanks to loyal patient base, strong history of referrals and reputation for quality care. The current owner is committed to ensuring a smooth transition and is willing to stay on to assist the new owner, making this a great opportunity for someone looking to hit the ground running with their own practice.

Current ownership sees future growth potential via expanded hours, more robust digital marketing and the addition of new service offerings. The current 1,600 sqft facility (included in this offering) has been recently updated and is well suited for continued growth in taking on new clients and expanded services.

This outstanding opportunity is being offered at $415,000 included enterprise value based on an attractive 2.0 multiple of SDE (SDE = seller’s discretionary income – the historical, normalized cash flow available to pay the owners and service debt) paired with the value of real estate which recently appraised for $155,000.

A typical deal for the purchase of this exceptional opportunity would be:

-10% down payment ($41,500)

-10% seller note ($41,500)

-SBA loan of $332,000

The proposed deal reflects an impressive 2.0x average annual debt coverage ratio along with an outstanding annual post debt service cashflow of $140,000 for the buyer. The seller envisions a sale in which he retains cash and A/R while retiring all liabilities.

Note: A prospective buyer must hold a Michigan Chiropractic License or be licensable by closing.

This acquisition opportunity is a chance to step into a proven, profitable business with a trusted name in chiropractic care. With immediate cash flow, an established clientele, and exceptional growth potential, the practice offers a solid foundation for the right buyer to continue this successful operation. If you’re an experienced chiropractor looking for a fantastic opportunity to grow and expand, don’t miss out on this chance to own a trusted, well-regarded practice.