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Practice for Sale: Akron, Iowa

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$700,000

17 yr Practice for Sale – Partial Owner Financing Available

Diversified practice for sale with option to purchase 8,448 square foot real estate with tremendous return on investment. Partial owner financing available. Akron, Iowa in Northwest Iowa is 55 miles South of Sioux Falls, SD and 30 miles North of Sioux City, IA. Purchase includes 24 hour fitness facility. If choosing not to purchase the building, then rent will include the 3 bedroom/2 bath apartment listed below.

Working only 3.5 days/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.

8,448 square foot building is situated on 2.24 acres 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 ~1750 square foot with 2 treatment rooms, 3 therapy 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 ~2800 sq ft. 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 ~850 square foot – leased by dependable/successful hair salon with tanning bed for immediate ROI. Very nicely built-out. $745/m collections.

Suite 4: Newly built 3 bedroom/2 bath 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 ~375 square feet 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 return on investment. Use your own residence for essentially free living.  Free internet. Free cable, Gas, electric.

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: drbritton@premieronline.net with any questions. Price/terms are negotiable. Owner financing available for no down payment.  Happy to help through transition.