Chiropractic Clinic For Sale

Business description

Long term stable practice that has been in the same location since 1994. Techniques of choice are diversified, Cox, F+D, and Thompson. The practice "mix is approximately 5% Medicare, 30% personal injury, 60% major medical and 5% cash. There is no HMO participation. The clinic presently employs two chiropractic assistants. FF&E included in the asking price is $51,520.

Over the last 12 months(2008), this practice has averaged 17 new patients per month, with 162 monthly office visits. This puts the New Patient Average at 10. Monthly servicesrendered for the same 12 month period averaged $114,852.00 with collections at $12,725 per month. This puts the collection percentage at 86% and the money collected per visit at $79. All fees are commensurate with others in the area. Marketing includes yellow pageadvertisements, patient referrals, and MD/ Attorney referrals.

The practice is a S corporation, with the doctor being the only shareholder. The practices location is approximately 1500 Sq Ft. with a monthly rent of $1270. The building is in excellent condition and was last remodeled 5 years ago.

Property information

Real Estate:

Lease

Premises details:

1500 sq ft, $1270.00

Business Operation

Reasons for selling:

Other Opportunities

Trading hours:

Days: M-W F, Hours: 7:30am - 12pm 2pm-6pm

Years established:

18

Other information

Financing available:

Downpayment Required: $0

Furniture / Fixtures value:

$51,520 (included in the asking price)