This practice has been serving the Port St. Lucie community for the last twenty three years. The 1400 sq. ft. clinic is located in Publix shopping center in excellent condition with adequate parking. The rent on the clinic is $2,760.00 per month-there is two years left on the lease with a five year option. All equipment and furnishings to be sold with the practice are valued at approximately $12,000.00. The clinic does have EHR w/Chirofusion. There is no X-ray on site. The chiropractic tables are Bench, Drop, Flexion/Distraction and Decompression.

Port St. Lucie is a city is St. Lucie county Florida. Port St. Lucie, is in the heart of Florida’s Treasure Coast less than an hour north of Palm Beach.  It is a growing urban area that has not lost a sense of  “the real Florida.” In Port St. Lucie, you can hike an environmental preserves, paddle lush rivers, ride horses on nearby beaches, take in a spring training baseball game – New York Mets – and play a few rounds of championship golf.  Port St. Lucie has a population of 208,790 and 344,041 in the surrounding St. Lucie county. Port St. Lucie is a fantastic place to live, work and raise a family.

During the last 12 months, this practice averaged 20 new patients per month and 251 monthly office visit. This puts the patient visit average at 13. For the same 12 months the practice averaged $27,436.00 in monthly services rendered and $8,959.00 in monthly collections. This puts the collection percentage at 33%. The average patient visit is $36.00.

The current doctor wishes to pursue other interests.

All fees are commensurate with others in the area. There are no receivables figured into any of our formula but these may be purchased at closing for an additional amount of money if both buyer and seller agree.

The doctor states that they do not have any malpractice suits, board issues or insurance audits currently pending. The current doctor describes this practice as a full range of chiropractic care w/supportive modalities, as well as massage therapy.

Chiropractic techniques of choice are Diversified, Drop and Flexion/Distraction.

The clinic does not currently employ any staff.

The average monthly overhead is approximately $4,500.00.

New patients are primarily gained through:
30% Patient Referrals     
20% MD/Attorney     
50% Walk Ins   

The practice is:     
33% Cash     
10% Personal Injury     
45% Major Med     
12% Medicare     
The doctor participates in Amerihealth insurance program.

Current office hours are:
9am until 6pm Mondays, Wednesdays and Fridays-with lunch from 1pm until 3pm.
9am until 1pm Thursdays.
The practice is closed on the remaining days.

INCOME:
2019- $66,984.00
2020 – $84,461.00     
2021 projected- $111,275.00
3 year average= $87,574.00