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Chiropractic Practice for Sale

Kinston, NC

Gross Collections

$507,000

Years Established

28

Clinic Profit

$206,000

  • Creative Financing

  • Priced Under Net

  • Associate Buyout Option
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Growing Practice Priced Aggressively Under Net for Fast Sale

TECHNIQUES

  • Diversified
  • Thompson Drop Table

CLINIC MODEL

  • Family Practice
  • Personal Injury
  • Corrective Care (Postural)
Unique Selling Points
  • Creative financing available for down payment
  • This is an excellent opportunity priced below current net income
  • Option to learn this practice from the inside out as an associate and transition to ownership
  • Net income supports business loan and a professional cost of living
  • Motivated seller open to negotiation for fast sale
  • Plentiful new patients each month for continued clinic growth
  • Successful branding, + operating systems for smooth transition
  • AR available for instant cash flow
  • Excellent web presence with top-ranking website
  • Outstanding reputation with glowing reviews
  • Real estate also available – favorable loan terms
  • EHR system in place for impeccable transition
  • Long-term team in place for seamless change of ownership
  • Enjoy a higher quality of life for less in this affordable community
  • Mild weather for year-round adventures
  • Multiple treatment spaces in sizeable clinic
  • Seamless changeover with generous training available
  • Flexible sales timetable for stress-free ownership change
  • High collections from abundant PI patients

Clinic Profit: $206,000

NEAREST METRO AREAS

  • Raleigh, NC (approximately 1 hr & 20 min from clinic)

  • Greenville, NC (approximately 40 min from clinic)

CLINIC SIZE

  • 2,5​00 sq ft

TREATMENTS + MODALITIES

  • Exercise Therapy

  • Spinal Traction

  • Decompression

  • Heat + Cold

  • TENS/IFC Unit

  • ​Ultrasound

ROOMS

  • 4​ treatment rooms, 4 adjustment spaces, 2 offices, 2 restrooms, and reception area with capacity for 12

PARKING

  • An open private parking lot with 20 parking spots​

CLINIC DESCRIPTION

  • Established practice since 1996 with close to 18,000 files. Solid network/referral base with strong attorney relationships. Located near the hospital for easy traffic. Collections mostly come from PI. Current doctor is certified in acupuncture.

LISTING PRICE

$199,000​

Clinic ID: 85Q2ZVMJ

PRESENTED BY

  • Crystal Misenheimer
  • Avontuur, Inc.
  • TN License :: 347722

Please Refer all Inquiries to Progressive Practice Sales

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DISCLAIMER

  • Confidentiality of this Listing is Very Important to this Doctor
  • Do Not Contact the Clinic Directly
  • Get More Details Here
  • Confidentiality of this Listing is Very Important to this Doctor
  • Do Not Contact the Clinic Directly
  • Get More Details Here
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Testimonials

See all Testimonials
Rachel Howley
★★★★★
"I cannot thank PPS enough for helping me purchase my practice. These people are incredible. They know absolutely everything about the purchasing process in any state and made the whole thing such an enjoyable and stress free experience. Even better, THEY KNOW CHIROPRACTIC! They know all about the profession, the business, the philosophy, the ins and outs of what we do, unlike traditional lenders, insurances, and so many other entities. I won’t lie I was super skeptical about working with a broker, but they have completely erased all that uncertainty. I literally could not have done this without their knowledge, skills and coaching. Not to mention, everyone is so friendly, communication is fast, and they are motivated to get your deal closed so you can get to work. They are accessible to you practically whenever you need it to answer questions and help every step of the way. I even purchased an addition support package and that may be the best money I have ever spent. I didn’t think I would need it, but I found you are paying for their expertise and experience and that was worth so much more than what I paid for it. Thank you so much Progressive Practice Sales for making my dream of owning my clinic a reality! If I ever decide to sell or even purchase another clinic, you will be my first call. Forever grateful to have had the opportunity to work with you. Seriously, everyone here is incredible in so many ways, you NEED them!"
Jason Matthews
★★★★★
"I cant say enough great things about Progressive Practice Sales! When I was trying to buy my chiropractic clinic, I got denied by multiple different banks due to reasons outside of my control and thought that it was never going to happen. Once I contacted Progressive Practice Sales, they went above and beyond of what was possible and found a way and a bank that would work the practice file and eventually give me the option to buy the practice of my dreams. If it wasn't for Progressive Practice Sales, I wouldn't have my own practice and running my own clinic. Thanks to Stacie for helping me through all of the paperwork and little details to make this happen. If you are looking for a company that goes above and beyond, I would give them a try, as they are a life saver for me! I would recommend them to anyone who has tried to get a loan and have been denied by banks, they will go that extra mile to make it happen...!!!"
Jared Gruhl
★★★★★
"The crew at PPS did a phenomenal job helping me with my practice acquisition. The price I paid was well worth the peace of mind and confidence they gave me throughout the months-long process. I didn't know what I didn't know, and they helped anticipate everything that would happen along the way. In the end, I ended up securing a really great interest rate, saved a lot of money, saved even more time, and got more in working capital than I originally asked for. I was a little hesitant to hire them, since they were representing the seller at the same time. However, at no point did I fear that I was getting taking advantage of in favor of the seller. They were consistently open, honest, helpful, respectful, and great at keeping the communication lines flowing. I'd hire them again for sure, and I plan to if and when I sell in the future!"
David Juratovac
★★★★★
"Stacie and the team at PPS were so great to work with through my clinic acquisition. Any time I had questions or needed to send off some piece of information, I would get an almost immediate response. The process was clearly laid out and it all went as smoothly as I could have hoped. Even with some slow-downs during the sale, Stacie and the team kept me updated as soon as advancements were made, as if I were hearing the information right alongside them. I can't recommend Stacie and the team at Progressive Practice Sales more. I will surely be back to work with them in the future."
Lisa Parissi
★★★★★
"As a Chiropractor, I always knew that I wanted to own my own practice. Thankfully that dream is coming true due to the awesome team at Progressive Practice Sales. Crystal and Kevin were so thorough and helpful throughout the process. They guided me in my decision as to which practice would best fit both my needs and personality as well as the seller’s. I’m literally buying my dream practice. They provide in house financing through Stacie, the broker, who I can’t possibly say enough good things about! She has been amazing! I’m eternally grateful for this opportunity and would highly recommend PPS to any doc who is ready to take their career the next level."
Philip Runge
★★★★★
"Progressive was able to help us find the perfect clinic! They were super helpful in every aspect of purchasing a practice. The whole team at Progressive made it possible for us to move to a new area of the country that we love and get going with an already successful chiropractic office. After unsuccessfully trying to purchase a practice with other brokers, the team at Progressive not only made it possible for us to realize our dream but they also were able to connect us with a seller that was a perfect fit. Thanks again and I will certainly recommend Progressive Practice Sales to all of my other chiropractic colleagues :)"
Damon Noonan
★★★★★
"I highly recommend Stacie and her team for getting my deal done, that I otherwise most likely could not have on my own. When it comes to filling out all the necessary paperwork, communicating with the banks, attorneys, meeting deadlines and keeping everything on track, an experienced, professional broker is extremely helpful. There will always be hiccups and nothing goes as planned so having someone who can assist you and in some aspects take over the process for you is essential. I would have not been able to handle the many facets of the process for getting a loan by my self."
Dr. Nathan Fisher
★★★★★
"Very impressed with their willingness to help and knowledge throughout the entire process. Compared to other practice sales companies they blow them out of the water. Their website is fresh, clean and eye-popping. As a buyer, I was drawn to them more than others. They put together a practice prospectus for sellers that answers all potential questions buyers want to know and is far more comprehensive than others. I would highly recommend for both sellers and buyers!"
Neils Larson
★★★★★
"Progressive Practice Sales was a huge help for me buying a practice. I had no prior experience in buying or selling anything like this, and they helped explain everything along the way. They were very patient with all of my questions, and let me know what I needed to do step by step. They were also very helpful in finding me the right Lender. I had trouble getting enough capital for the down payment, and they helped to work with me to find a lender that would work with our situation."
Dr. Jaime D.
★★★★★
"I came across PPS online and decided to give them a shot since they were chiro specific. I had a clinic I already wanted to purchase that wasn't listed with them. They connected me with Stacie Helton and she became my point person for financing. She was my anchor through the entire process. Without her I could not have pulled it off. The fee was reasonable and she was WORTH EVERY PENNY! If I could rank them higher than 5 stars, I would."

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