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$700,000 Revenue Chiropractic Center in Illinois

Listing Code:

ILPT1I

State:

Illinois

Category:

PT, OT, ST, Rehab, & Chiropractors

Asking Price:

$875,000

Revenue:

$700,000

ILPT1I
Company Overview

PRIME exits and American Healthcare Capital are pleased to exclusively introduce a Chiropractic Center for sale in Illinois. The practice specializes in Chiropractic, decompression, acupuncture, E-stimulation, ultrasound, and laser. The practice has 4,800 patients.

Financial Overview

The payer sources for the practice are commercial insurance (40%), Medicare (30%), Cash (20%), and Personal Injury (10%).

Revenue for the past 3 years has experienced a modest increase, as has EBITDA. In 2022, they grossed $660,000 with an EBITDA of $300,000. Gross revenue in 2023 was $680,000 with an EBITDA of $290,000. In 2024, gross revenue was $700,000 with an EBITDA of $300,000.

Staff Overview

The practice employs 3 FT Staff members:

1 – FT Office Manager. Duties include insurance billing and front desk. This employee has been with the company for 20 years.

1 – FT Therapy CA. Duties include some front desk scanning, cleaning, etc.

1 – PT Therapy CA. Duties include cleaning.

Current staff is expected to stay on Sellers would stay on to transition the business.

Facility Overview

The sellers own the building housing the practice and would lease the 3,650 sq ft. space to a buyer for $18/sq ft.  Alternatively, the sellers would entertain selling the building with the practice.

Asking Price

The asking price for this opportunity is $875,000, which does not include cash, receivables, working capital, or real estate.

Inquire About This Listing:

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2. Sign NDA with Listing Code:

To learn more about this listing, you must sign an NDA. When completing the NDA, you will need to copy the exact LISTING CODE and LISTING TITLE.

Listing Code:

ILPT1I

Listing Title:

$700,000 Revenue Chiropractic Center in Illinois

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Contact the Team

Jack Eskenazi American Healthcare Capital

Jack Eskenazi

President/Founder

American HealthCare Capital

Dr. Allen Nazeri DDS MBA.jpg

Dr. Allen Nazeri 

Managing Partner

PRIME exits

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About us
 

PRIME exits is a registration pending trademark for Nazeri & Company LLCan independent affiliate of American Healthcare Capital. Nazeri & Company, Co. Ltd. is an international subsidiary of Nazeri & Company LLC. We are a merger and acquisition advisory firm focused on the healthcare industry with a network of 50+ M&A analysts and advisors. 

 

Locations

Los Angeles

Las Vegas

Bangkok

Vancouver, BC

Milan, Italy

Contact us

 

1-800- 424-3388 HEAD OFFICE

1-310-625-7889 Jack Eskenazi

1-702-506-3392 Dr. Allen Nazeri 

Valuation Team

Jack@ahcteam.com

Allen@ahcteam.com

Allen@pexits.com

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