This practice has been serving the Boca Raton, Florida community for thirty years. The clinic is 1420 sq feet,  located in a strip mall in excellent condition. There is more than adequate parking. The rent on the clinic would be $6,044.00 per month. All equipment and furnishings to be sold with the practice are valued at approximately $25,000.00. The clinic is EHR capable w/Eclipse. There is no on-site Xray. Tables are Bench, Drop, Flexion/Distraction and Decompression. 

Boca Raton is a city on Florida’s southeastern coast in Palm Beach County that is known for its golf courses, parks and beaches. The extremely upscale ,affluent community offers an array of high end restaurants and luxury shopping. Palm Beach county is one of the fastest expanding areas in the country. The friendly business environment and tropical year round weather make this area very sought after. Boca Raton has a population of 101,331 with 1,543,809 in the surrounding Palm Beach County. Offering some of the best rated schools in Florida, Boca Raton is a fantastic place to live, work and raise a family.

During the last 12 months, this practice averaged 9 new patients per month and 200 monthly office visits. This puts the patient visit average at 22. For the same 12 months the practice averaged $14,655.00 in monthly collections. The average patient visit is $73.00.

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 family based chiropractic care, acupuncture and massage. 

Chiropractic techniques of choice are Diversified, Impulse, Drop, AK, SOT and Activator.

The clinic currently staffs one chiropractic assistant and one LMT.  

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 $12,000.00. 

New patients are primarily gained through: 
30% Ads 
35% Patient referral
20% MD/Attorney referral
15% Networking Groups

The practice is:
55% Cash
25% Medicare
20% Personal Injury

Current office hours are: 
9:00am until 6:00pm Monday, Wednesday and Friday- Lunch 1pm to 3pm.
8:00am until 11:00 Saturdays.
The practice is closed on the remaining days.                                                                              

INCOME: 
2021- $197,486.00
2022- $182,365.00
2023 – $170,511.00
3 year average= $183,545.00