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Call 770-748-6084
Text 561-861-4977
Our Working Hours
Mon - Friday: 9.00 - 6.00 EST
Call 770-748-6084
Text 561-861-4977
Mon - Friday: 9.00 - 6.00 EST
411 University St, Seattle
*Banner Numbers Below Are For September 2023 to August 2024
*The following practice information was supplied on October 2024
This practice has been serving the Tampa Florida community for twenty five years. The 2,250 sq. ft. clinic is located in a free standing building in good condition with adequate parking. The rent on the clinic would be $3,750.00 per month. The building is available for purchase-details available upon request. This clinic enjoys many 5 star reviews. All equipment, supplies and furnishings to be sold with the practice are valued at approximately $184,567.00. The clinic does have EHR w/ChiroTouch. There is on-site digital Xray. Tables are Drop, Flex/Distraction and Decompression. The technology, server, tablets and computers are between 4-6 years of age.
Tampa the city and surrounding areas is on Tampa Bay, along Florida’s Gulf Coast. A major business center, also known for museums and other cultural offerings. Theme parks, professional sports arenas and historic neighborhoods are a popular source of entertainment. Tampa has a population of 408,510 with 1,557,655 people in Hillsborough County.
During the last 12 months, this practice averaged 34 new patients per month and 597 monthly office visits. This puts the patient visit average at 17. For the same 12 months the practice averaged $67,709.00 in monthly services rendered and $57,078.00 in monthly collections. This puts the collection percentage at 84%. The average patient visit is $95.00.
All fees are commensurate with others in the area providing the same services.
Any receivables are NOT included in this offering.
The current doctor wishes to sell in order to retire.
The current owner describes this practice as offering a full range of family based chiropractic care along with physical therapy and massage.
Chiropractic techniques of choice are Diversified, Drop and Arthrostim.
The clinic currently staffs two associate doctors of chiropractic, two front office employees, two CA’s and four massage therapists.
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 $47,155.00.
New patients are primarily gained through:
38% Patient referral
35% Ads
15% MD/Attorney
12% Other
The practice is:
44% Cash
11.7% Medicare
8% PI Patients
0.1% Workers Comp
34% HMO/PPO
2.2% VA Community
The office participates in most local insurance programs.
Current office hours are:
9:00am until 6:00pm Monday-Friday.
9:00am until 1:00pm Saturday.
The practice is closed on the remaining days.
INCOME:
2022- $826,913.00
2023- $798,316.00
2024 projected- $652,548.00
3 year average= $759,259.00
Disclaimer: Premier Practice Consultants is strictly a consultant/representative. All the information provided for any practice has not been subject to an audit. All information has been furnished entirely by the seller. It is solely the responsibility of a buyer to seek professional, legal or financial advice to confirm any information provided. Premier Practice Consultants, LLC., is a consultant and does not accept any liability for accuracy.