This successful practice has been serving the Tampa Florida community for the past twenty one years. The 3,000 sq. ft. clinic is located in a professional building in excellent condition with adequate parking. The rent on the clinic would be $2,683.00 per month. The clinic enjoys hundreds of 5 star reviews. All equipment and furnishings to be sold with the practice are valued at approximately $41,490.00. The clinic does have EHR w/Eclipse. There is on-site digital X Ray. Tables are Drop, HiLo, Bench and Flex/Distraction. The website is hosted by Chiro Matrix. 

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 28 new patients per month and 607 monthly office visits. This puts the patient visit average at 22. For the same 12 months the practice averaged $88,696.00 in monthly services rendered and $37,258.00 in monthly collections. This puts the collection percentage at 42%. The average patient visit is $62.00.

The current doctor wishes to sell in order to retire.

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 current doctor describes this practice as offering a full range of family and pediatric chiropractic care along with massage and acupuncture. 

Chiropractic technique of choice is Diversified, Thompson and Activator. 

The clinic currently staffs two associate doctors of chiropractic, one clinic manager, one front desk employee, one massage therapist and one acupuncturist. 

The doctor states that they do not have any malpractice suits, insurance audits or board charges active or currently pending.

The doctor does pay themself a salary, but that salary is not included in the monthly overhead that would accrue to the buyer. 


The average monthly overhead is approximately $25,788.00.

New patients are primarily gained through:
33% Patient Referrals
13% MD/Attorney Referrals
   
23% Ads
31% Insurance Directories

The practice is: 
   
21% Cash
   
15% Personal Injury
15% Medicare
2% Workers Comp

39% Major Med
8% HMO/PPO
The doctor participates in all major insurance programs. 

Current office hours are: 

8:00am to 7:00pm Monday, Wednesday and Friday
9:00am to 6:00pm Tuesday and Thursday
8:00am to 1:00pm Saturday
The practice is closed on the remaining days.

INCOME:
2022- $502,664.00
2023- $573,255.00
2024- $499,131.00 
3 year average= $525,017.00