This thriving practice has been serving the Coral Springs community for thirty two years. The 3300 sq. ft. clinic is located in a strip mall with adequate parking. The rent on the clinic would be $7,788.00 per month (this includes the CAM). All equipment and furnishings to be sold with the practice are valued at approximately $40,000.00. The clinic does have EHR w/Eclipse. There is on site non-digital Xray. Tables are Bench. 

The City of Coral Springs is 24 square miles nestled in the north-west corner of Broward County. Known for our family atmosphere and thriving businesses. The city is located approximately 20 miles northwest of Fort Lauderdale. Coral Springs Florida has a population of 130,445 with 2,003,068 in the surrounding Broward County.  

During the last 12 months, this practice averaged 9 new patients per month and 244 monthly office visits. This puts the patient visit average at 27. For the same 12 months the practice averaged $71,947.00 in monthly services rendered and $48,329.00 in monthly collections. This puts the collection percentage at 68%. The average patient visit is $198.00.

All fees are commensurate with others in the area. There are NO receivables figured into any of our formulas.

The owner is wanting to sell in order to retire.

The current owner describes this practice as offering a full range of chiropractic care with a focus on personal injury services. 

Chiropractic technique of choice is Diversified. 

The clinic currently staffs one front desk manager, one billing manager and one chiropractic assistant.

The owner states that they do not have any malpractice suits or board charges active or currently pending. The owner pays themselves a salary, but that salary is not included in the monthly overhead that would accrue to the buyer.  

The average monthly overhead is approximately $19,492.00. 

New patients are primarily gained through: 
80% Attorneys 
10% Walk Ins
10% Pt/Business Referrals

The practice is:
10% Cash
90% Personal Injury

Current office hours are: 
9:00am until 7:00pm Monday, Wednesday and Friday (Lunch Noon-3pm).
3:00am until 7:00am Tuesdays.
9:00am until 12:00pm Thursdays.
The practice is closed on the remaining days.                                                     

INCOME: 
2022- $704,918.00
2023- $793,112.00