NW Iowa 17yr practice W/Real Estate (Building includes 3bd/2bath apt - Partial Owner Finance Available for Down Payment)


Date Ad Posted
06/01/2020
Contact (Reply To) Information
Contact Bradley Britton
Iowa, USA
$700,000.00
Owner
Chiropractic Office - Business & Real Estate - includes 2nd business of 24hr gym + leased space + 3bd/2bath apartment can be leased for more income or for Doctors family for 'Free' living!
5
3
0
  • Seller Financing available
  • Bank Financing available
  • Easy terms, pay out of current cash flow
  • Wellness
  • Nutrition
  • Full Service
  • Other
  • Cash
  • Insurance - Out of Network
  • Insurance - In Network
  • Work Injury
  • Auto Accident
41.878003
-93.097702
Ad Details

17yr Diversified practice for sale includes 8,448sqft real estate with tremendous ROI. PARTIAL OWNER FINANCE AVAILABLE. AVAILABLE IMMEDIATELY. Akron, Iowa in Northwest Iowa is 55miles South of Sioux Falls, SD and 30miles North of Sioux City, IA.

Working only 3.5days/wk clinic collection was $336K+ for 2019. Primarily insurance based office. Primarily use Manual Chiropractic Adjustments, Active Rehab/Therapy (both low and high-tech), Myofascial Release, Class IV Laser Therapy, and Taping.

8,448sqft building is situated on 2.24acres of land (nearly 1 acre undeveloped), has large paved parking, located on the highway for high visibility with great signage, and wonderful landscape.

Building Consists of:

Suite 1: Clinic is ~1750sqft of the building with 2tx rooms, 3therapy rooms (includes Class IV Laser Therapy), Digital x-ray, Dr/Consult Office, spacious reception and front desk, and plenty of storage. Clinic has direct access to the gym for Active Rehab care.

Suite 2: 24 Hr Access Gym is ~2800sqft. Gym business/equipment included with sale giving turn-key profit/immediate ROI with essentially no work required (1hr/wk max). Great area of increased growth also available with this portion. 2019 Collection $19K+ with no added expenses.

Suite 3: Leased space ~850sqft - leased by dependable/successful hair salon with tanning bed for immediate ROI. Very nicely built-out. $745/m collections.

Suite 4: Newly built 3bed/2bath apartment is ~1650sqft. This space is perfect for the owner with direct access through the gym to get to clinic. Apartment has 10' ceilings throughout. Open concept very large kitchen, dining, living room. Very spacious and nicely appointed with large master bedroom with walk-in closet. Two other bedrooms are large 11'x14' with large closets. Laundry room. Very large garage space ~600sqft inside the building with tons of storage - drive into the building for attached garage. Apartment is perfect for your own residence or to lease out for immediate ROI. USE AS YOUR OWN RESIDENCE FOR ESSENTIALLY FREE LIVING. FREE INTERNET, CABLE, GAS, ELECTRIC. Rental rate would be approximately $1,200/m if taking that option.

Suite 5: Secondary garage/storage bay is ~750. This space could also be built out for more retail/office space as well.

Please contact Dr. Britton: [email protected] with any questions. Price/terms are negotiable. Happy to help through transition.