New
Busy Chiropractic Practice for Sale in Lakeview New Orleans, Louisiana
Duran Advisors presents Lakeview Regional Chiropractic Clinic, a premier chiropractic practice for sale in the Lakeview community of New Orleans, Louisiana. This clinic has been in operation for nearly fifteen years, demonstrating stability and growth potential. LRCC offers a comprehensive range of chiropractic services, utilizing state-of-the-art technology and equipment.
The clinic has been in operation since 2010, building a strong reputation for high-quality chiropractic care. LRCC offers spinal adjustments, soft tissue therapy, corrective exercises, nutritional counseling, and more. It is equipped with X-ray and computer-aided adjustment instruments. Actively involved in local health fairs, educational workshops, and community events, LRCC is recognized for excellence in chiropractic care.
This business represents an ideal acquisition for a chiropractic professional or an investor looking to enter the chiropractic industry. It is also an excellent strategic acquisition for a healthcare group looking to expand its services. The clinic will require additional staffing to continue to be fully functional.
The clinic operates from a leased space, strategically located with ample parking and easy access to public transportation. The lease requires landlord approval, and he will give a long-term lease to a qualifying tenant. The facility spans approximately 600 square feet, including treatment rooms, a diagnostic room, an exercise area, administrative offices, and storage.
The business is an excellent candidate for SBA financing. The right buyer could potentially secure financing with NO MONEY DOWN. A detailed Digital Confidential Information Memorandum (CIM) is available for fully disclosed buyers. A Matterport Virtual Reality 3-D scan of the clinic premises is also available for review.
This is a structured sale with the following schedule:
- 8/16: Question Submission Deadline
- 8/23: IOI Submission Deadline
- 9/16: Due Diligence End & Close (time may be extended for financing)
Come visit Lakeview Regional Chiropractic Clinic, meet the team, and explore this unique opportunity to own a successful chiropractic practice in a vibrant community. For more information and to schedule a visit, please contact the listing broker Joel F. Duran, CM&AA, CM&AP, M&AMI, CAIM, CEPA, CMSBB at (504) 321-0196.
Listed By: Joel Duran, CM&AA, M&AMI, CM&AP, CEPA, CAIM, CMSBB
Background information
Reference:
NOLA-0094
Year established:
2010
Reason selling:
Owner Deceased
Finance
Sales:
$232,431
Profits:
$149,868
Profit type:
Discretionary Earnings
Operations
Employees:
None
FF&E:
~$65,000
Premises
Facility:
The clinic spans approximately ~600 square feet and is strategically located for high visibility and accessibility. The facility boasts multiple treatment rooms, a well-appointed reception area, and dedicated spaces for physiotherapy and wellness counseling. It is outfitted with the latest chiropractic equipment and offers comfortable amenities, creating a welcoming and professional environment for patients. A Matterport Virtual Reality 3-D Digital Twin is available for fully disclosed buyers.
Square footage:
600 square feet
Rent and lease terms:
The rent for Lakeview Regional Chiropractic Clinic is $1,550 per month. The lease is on a month-to-month basis, but the landlord is open to negotiating a longer-term lease of three to five years. The terms would include keeping the rent at the current rate for the first year, with graduated increases in subsequent years, which would be agreed upon with the buyer.
Location:
Lakeview Regional Chiropractic Clinic is located at 141 West Harrison Ave., Suite D, New Orleans, LA 70124.
Opportunities
Growth:
Lakeview Regional Chiropractic Clinic has several avenues for growth. These include expanding service offerings such as advanced physiotherapy, nutritional counseling, wellness programs, and telehealth services. Additionally, the clinic could benefit from selling health and diet supplements, hiring massage therapists, and including medical staff like doctors or nurse practitioners. Implementing targeted marketing campaigns, community outreach, and developing subscription-based wellness programs or maintenance packages could also attract a broader patient base and provide a more stable revenue stream. Increasing doctor availability and extending operating hours are further viable options for growth. These strategies aim to cater to a wider range of patient needs, enhance the clinic's market appeal, and increase revenue streams, thereby promoting sustained business growth.
Market:
Lakeview Regional Chiropractic Clinic holds a strong market position in New Orleans due to its established reputation for high-quality chiropractic care, prime location, and loyal patient base. The clinic has demonstrated resilience and adaptability in the face of various challenges, maintaining steady growth and profitability. Its use of modern technology, comprehensive range of services, and strategic marketing efforts further enhance its competitive edge in the local chiropractic industry.
Price and terms
Financing:
100% financing is available to qualifying buyers.