I had one!
My first pregnancy, my daughter was breech and would not turn FOR ANYTHING! And I did it all. Moxa, acupuncture, positioning, headstands in the pool (with my husband shaking me by my feet....
) You name it, we did it. I finally went to this amazing midwife who my OB sent me to, and she turned her externally. My abdominal muscles were so tight when I went in there and she pressed on my abdomen, I thought "wow, this is going to hurt so bad", but she gave me a tincture of crampbark, put in a few acupuncture needles, let me sit for a few minutes and when she came back my belly was way softer.
The actual version was really intense, but I wouldn't necessarily say painful. She monitored periodically with doppler to check the heartbeat, then for a little while after.
I agree with others that I would find someone very experienced in turning babies, because it doesn't have to be awful. My little one's head was wedged up under my rib, so she wasn't going anywhere apparently without help. What I was told though, if the version is done and there is no stress to the baby, chances of them flipping back at that late in the pregnancy is very slim, because they are so big and the head is the heaviest thing, so once you can actually get them head down and they are not stressed, they will stay there purely because of gravity.
I have never heard of induction right away, only a c-section if things go poorly and the baby/cord are having problems.
Good luck and I hope it goes well!