This practice has been serving the Mary Esther community for twenty one years. The 3000 sq. ft. clinic is located in a free standing building in excellent condition with adequate parking. (The building is valued at $950,000.00). This clinic enjoys hundreds of 5 star reviews. All equipment, supplies and furnishings to be sold with the practice are valued at approximately $100,000.00. The clinic does have EHR w/Genesis. There is on-site digital Xray. Tables are Drop, Flexion/Distraction and Decompression. The technology, server and computers are between 1-5 years of age. The website is hosted by Thyrv.

Mary Esther is a city in Okaloosa County, Florida. It is part of the Crestview–Fort Walton Beach–Destin, Metropolitan Area.This community proudly supports its military, with two Air Force Bases on either side: Hurlburt Field and Eglin Air Force Base.  It has nice friendly people. There are amazing beaches all around. Mary Esther has a population of  4,147,  with 220,646 in the surrounding Okaloosa county.

During the last 12 months, this practice averaged 23 new patients per month and 690 monthly office visits. This puts the patient visit average at 30. For the same 12 months the practice averaged $67,473.00 in monthly collections. The average patient visit is $98.00.

All fees are commensurate with others in the area. The receivables are included in this offering.

The owner is wanting to sell to retire,(The owner would consider staying on for a few years if a buyer wanted that considered).

The current owner describes this practice as offering a full range of chiropractic care along with PT and decompression.

Chiropractic techniques of choice are CBP, Diversified, Drop and Arthrostim. 

The clinic currently staffs one office manager, one front desk manager and two rehab coordinators. *Associate chiropractic doctor is being hired and their salary has been accounted for within the overhead).

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 $43,581.00.

New patients are primarily gained through: 
30% Patient referral
15% MD/Attorney
55% Ads

The practice is:
56% Cash
43% Personal Injury
1% Medicare

Current office hours are: 
8:00am until 6:00pm Monday, Tuesday, Wednesday and Thursday – Lunch Noon–2:00pm.
8:00am until Noon on Fridays.
The practice is closed on the remaining days.

INCOME: 
2022- $898,148.00
2023- $850,033.00
2024 projected- $773,088.00
3 year average= $840,423.00