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Just Sold | Medical Practice $2.5M

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After some hard work and a few saves, we are happy to announce that we have sold another business!  This medical practice in Claremont was established for over 20 years.  The doctor was ready to retire and we found the perfect buyer to take this business well into its next decades.  We wish the the Buyer and Seller very well!!

What did we learn?  What can we apply to future successes?

  • Preparation!  Getting the business tax and financial statements from the doctor’s CPA and properly auditing them for discretionary earnings was key in establishing AND defending its value.
  • Teamwork –  Aligning the seller, CPA, bank financing and my team with the right information and goals was crucial to quickly finding and qualifying the right buyer.
  • Financing –  In this case, financing was key to maximizing full value for the seller.  We secured two sources (need to have back-up!) to finance this deal at less than a fixed 5% rate for a 10 year term… WITHOUT real estate!
  • Buyers are plenty!  The medical sector is HOT right now.   As long as the business financials are in good order, there are many institutional and individual buyers in the field.  Right now, we have at least three qualified buyers, know any doctors looking to retire?

We are always looking for quality business sellers to represent.  We are Business Brokers.  Please call us anytime.  1-800-Biz-Broker

Here are our current listings, businesses for sale.

Here are are our recently closed deals.  Just Sold Businesses

Thinking about selling your business?  How about a Business Valuation?

Just Sold – Physical Therapy Practice

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Happy to announce that we have just SOLD a Physical Therapy Practice in Orange County! Of the 100s of inquiries I received, it took about 10 months to find the right buyer for this business. More importantly, we received over 18 qualified buyers looking for this type of business.

OPPORTUNITY for other Physical Therapy practices:  Have you been thinking about selling your practice?  If so, I implore you to give me a call. Let me offer you a complimentary Business Valuation. I can promise you the following:

  • An honest opinion of value, based on numbers and actual sales for comparison.  
  • No pressure or obligation to move forward with a listing.
  • No cost for the business valuation.
  • If you do decide to list your business; I have actual, qualified buyers looking to buy.

Please give me a call in confidence or send me an email, I will be happy to answer any questions.  

Check on our progress this year!  www.JustSoldBiz.com

Original Listing:

Thriving Physical Therapy Office in Orange County

Established over 7 years!

Physical Therapy Practice for sale. Excellent opportunity for a Physical Therapist to take over a thriving practice or as an acquisition by a larger group.
Owner is ready to scale back and semi-retire. Established over 7 years ago, this practice has been built offering quality care and superb professionalism. The office sees on average 75 patients weekly, with the ability to grow to 125-150 patients per week without sacrificing patient care.
Great relationships with referring physicians. Excellent web presence, plus 5 Star reviews on Yelp, and professionally designed website.
Almost all patients are covered by insurance, about half are Medicare.
Specialties include: rehabilitation after injury, post-operative care, osteoporosis programs, Parkinson’s disease treatment, lymphedema treatment, pelvic floor management/Incontinence management, & oncology rehabilitation.
This business is represented by Spectrum Business Advisors. Please contact a Business Broker at 1-800-Biz-Broker for more information.

Business Sold! Manufacturer of Motorcycle Frames

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It is our pleasure to announce the sale of a Motorcycle Frame and Parts Manufacture in Riverside.   Chassis Design Company has been in business for over ten years, and I am sure the new owners will carry on and grow the business well into the future.

Chassis Design manufactures motorcycle frames, oil and gas tanks, and handlebars.

Are you thinking about selling a business?  You should contact us, we are Business Brokers.  We specialize in the Confidential Sales of Businesses.

Call 1-800-Biz-Broker or complete the form below.

7,842 Businesses Sold in 2016

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2016 is a Banner Year for Business Transactions as 7,842 Businesses Change Hands

The number of business sales reported by Business Brokers on industry website, BizBuySell, hit a record since this data has been recorded starting back in 2007.  Over 7800 business sales were reported by the participants. This amounted to an 8.6% increase of activity recorded in 2015.  Several factors were identified by the authors of the data fueling the record sales: more financing options, more qualified buyers, and an overall better business climate contributed to the sales rush.

Are you thinking about putting your Business on the market?  How much is your business worth?  Contact us today for a confidential consultation.  Call 1-800-Biz-Broker or complete the contact form below.

Click here to see how many businesses sold in Riverside County.

 

Riverside County Business Sales are Slightly Up from Last Year

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Business sales are up 4.8% versus same period last year

Good news for Business Owners considering selling their businesses.   Sales and transfers of businesses are up versus the same period last year.  In January  and February of 2016, 125 businesses were sold in Riverside County.  Compare that with 131 this past Jan and Feb, and you have almost a 5% increase.

The table below summarizes the sales of businesses in Riverside County by month.  This information was taken from the BizBen Business Sales Report.  

 

Number of Business Sold In Riverside County

 

JanFebMarAprMayJunJulAugSepOctNovDecTotal
Business Sold 20167055618084465411258836876847
Business Sold 20176665

Thinking about Selling your Business? Get a Free Business Valuation. Call 1-800-Biz-Broker or goto www.JustSoldBiz.com

Business Sold! Established Micro Brewery is off the Market

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We are happy to announce that we have just sold another business!   Escrow has closed and the new owner has taken possession.  We wish both the buyer and seller an excellent future!

Have you been thinking about selling your business?  We are business brokers and are ready to help.  We specialize in Confidential Business Sales.  Call 1-800-Biz-Broker.  Or complete the contact form below.

 

SOLD!! Business Sold! Snack Food Distributor

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1-800-biz-broker-sold-business

Done Deal!  We are happy to announce that we have found a great buyer for this business!  Congratulations to the Sellers.  It was our pleasure to work with them.
 
Thinking about selling your business?  Please contact us.  We are Business Brokers!  Call 1-800-Biz-Broker or complete this form:

 


Snack Food Distributor –  Premium Beef Jerky Products

Asking Price:$194,500

Cash Flow:$98,472

Gross Revenue:$268,812

EBITDA:N/A

FF&E:$4,000

Inventory:$22,000*

Established:2003

*not included in asking price.

Business Description

This company has been selling Beef Jerky since 2003. Their products are of the highest quality and regularly inspected by the USDA. From the California grown meat to premium spices and ingredients, and their state of the art processing—every step of production is focused at maintaining the highest quality, exceptional taste and tenderness.

At this time they offer 10 flavors of beef, 2 bacon varieties, and 4 flavors each of venison, elk, and buffalo jerky.

For sale is a developed route of over 30 accounts throughout Southern California and Las Vegas.

DETAILS
• Long established accounts and sales (markets, high end retailers, gas stations)
• Seller works 3 or 4 days per week
• Healthy, high protein snacks
• Long shelf –life, low spoilage
• Niche meats and recipes


Detailed Information

Inventory:
Not included in asking price
Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
34 accounts in retail stores and convenience stores (Home Based)
Competition:
The market for jerky has ballooned into a nearly $1.5 billion industry in the United States. Sales are up by 13 percent since 2013, and by 46 percent since 2009, according to data from market research firm IRI. Jack Link’s, the largest jerky maker in America, now sells more than $1 billion in meat snacks each year. — From the Washington Post see full article in the Seller’s Memorandum

Business Sold!

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sold biz broker2016 is off and running!  We are excited to announce of first sale of the year!  Signed, sealed, and delivered!

Are you thinking about selling your business?  Talk with an expert and explore your options.  Give us a call at 1-800-BIZ-BROKER.

 

 

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