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Chiropractors work on people’s backs and other areas of the body to make them feel better.  They are specialists that other doctors refer their patients to for additional help and healing. You will need to consider the following aspects when finding a chiropractic business for sale.

Size of the Business
Is the chiropractic office for sale a large, small or medium business?  The size of the chiropractic business for sale will determine how much of an investment you should make.  Even though chiropractors will often see some people for a limited number of visits, they also have regular patients who come for regular treatment.  The number of regular patients will determine the size of the actual office.  Prior to purchasing the specific business, determine if the size of the business is consistent and growing.

Years of Operation
The number of years of operation will also determine how much money you should invest in the chiropractic business.  Traditionally, you would assume that the longer the chiropractic business has been operating the more valuable the chiropractic clinic for sale will be.  However, if the company is not doing well it does not matter how long they have been in business and their value will be less than another chiropractic practice for sale.

Facility
The location of the facility will play an important role in the value of the chiropractic practice for sale.  A facility that is difficult to find or even to park in will be less popular than other offices.  People want to easily find their doctors and not have to hunt for parking spaces.  Some patients will not be able to comfortably walk any distance to the office, so parking will play a significant role in the success of the business.

The types of equipment and condition of the facility can increase the value of the chiropractic office for sale.  You should determine if the equipment will come with the sale of the facility or if it is being removed.  If the equipment is not coming with the facility, you will need to make arrangements to purchase similar equipment or even upgraded equipment to use for treating patients.

Business Loan
A solid business plan, profit projections and financial reports will need to be filed with an application for a business loan to buy a chiropractic practice.  Traditionally, people use the financial institutions that they bank with in order to obtain the business loan.

Patients
Be certain that the current chiropractor is going to remain in the office for a reasonable period after you have taken over the business.  Established patients often go elsewhere if the primary doctor that they are used to seeing is no longer available.  Make sure you have in writing that the chiropractor selling you the business will refer all current patients to you.  Before buying the practice, you will want the seller to sign a non-compete agreement and have the agreement reviewed by your attorney.

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