March Chiropractic Practices For Sale

By Michael Dorausch, D.C.

I was browsing through the Planet Chiropractic Classifieds today and I noticed there were 112 active listings of practices for sale. While the majority of them (90) are in the U.S., it is great to see some offices getting listed that are in other countries. I was not interested in buying a practice but I thought I’d browse through and give a report on what is out there.

International
How about practicing in Amsterdam!?
“Where else in Europe can you practice immediately, without having to learn the local language? The practice is located in Old West, near the Leidse Plein close to all the action. The 4 year old practice features open adjusting, exam room with Subluxation Station, massage room, education room with brilliant Power Point presentation, kids play area and beautiful reception area.”

International
Coastal Mediterranean Practice
How much is 45K Euros?
“Well established clinic with solid reputation. Turn key, excellent location, devoted staff, all cash practice. EU passport necessary. Doctor will train in proven system for easy transition. Enjoy the laid back, sunny Mediterranean lifestyle while practicing Chiropractic in a well run clinic. Doctor retiring. If interested, please remit telephone number and best time to call. This exciting opportunity will not last long! Serious inquiries ONLY!”

International
Costa Rica
This one comes with a house!
“Live your tropical dream in sunny Costa Rica! Volcanos, hot springs, rainforests, waterfalls and Caribbean and Pacific beaches at your doorstep. All cash in home practice. No overhead, no stress and no taxes! Well established, referral based practice generates $50,000+ per year on 24 hours a week. Price includes beautiful four bedroom, three bath home plus maids quarters in the best part of San Jose.”

If I were to do it all over again I would strongly consider practicing in a country other than the US. If anyone is wondering where a good place to practice may be, send me an email and I’ll see if I can contact some DCs from the area and get some feedback.

Locally (Venice Beach, CA) I noticed that the chiropractor down the street from my house closed up. It’s a great beach location and would be a good fit for the right person. I don’t have rental info but can take a walk by and check it out. It’s only 4 blocks from the beach, is next to a nail salon, neighborhood is HIGH traffic, not much on parking, has hardwood floors. If you are interested let me know.

I pulled a few of the US ads that looked interesting.

United States
Burbank, California (I love Burbank, it is a great city!)
Successful Family Practice For Sale
“57% Cash/self pay, 23% General Insurance, Only 2% Worker’s Comp, no managed care! Great upward potential, awesome patients, fantastic location, low overhead, fully equipped including x-ray. Must sell !! Doctor is retiring to be full time “Mom.”

United States
Bellingham, Washington (Ahhh, Salmon Fishing!)
Great Northwest Opportunity!
“Bellingham, WA wellness practice for sale or looking for motivated associate to take over. Collected 140k in 2005 on 15hrs/wk, clean modern office, full spine xray, omni tables, all equipment is < 2yrs old, doctor must relocate."

Let’s see what is going on in Canada (Oh Canada Oh Canada La La La La La Canada)

“Kelowna Canada – British Columbia
Amazing Community in Beautiful British Columbia
Great location in Kelowna, B.C
3rd year of practice
200-250 office visits per week
An amazing trained staff who loves chiropractic and love serving our practice members
Growing community in the beautiful Okanagan Valley
Marketing events planned and scheduled for the next year all you would have to do is show up and spinal screen and do talks in the community
Subluxation Station (updated version)
All office equipment and decor is part of sale including our tiger children’s adjustment table & pregnancy pillows etc.
Amazing PVA most patients have been with us since we opened.
Doctor will stay for smooth transition
Moving to be closer to family
Low overhead, amazing growth potential”

“Canmore Canada – Alberta
CANMORE, AB – Fun, growing subluxation-based family practice for sale in the heart of the majestic Rocky Mountains in beautiful, booming Canmore, Alberta. 15 minutes from Banff and world’s best skiing. Gorgeous downtown location. Lots of kids and families. Low overhead. Incredible growth potential. Existing chiropractor moving out of province for family reasons.”

If you are looking to buy or sell a practice do take the time to browse through the listings. You can always get to the classifieds by clicking “Classifieds” at the top or bottom of every page on the website. Even if you are not looking to buy a practice I thought it was great to see what was out there. Maybe you’ll feel the same way.

Does someone want to email me with a good valuation system on figuring what a chiropractic practice is worth? Anyone interested in writing on some practice selling or buying related topics? Send me an email, link is at the top of this article.

Planet Chiropractic
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planetc1.com-news @ 10:41 pm | Article ID: 1141800088