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411 University St, Seattle

Dublin Georgia Practice: Asking $349,000.00

Building Available!

*Banner Numbers Below Are From 2024.

Chiropractic Practice For Sale

*The following practice information was supplied in January 2025.

This practice has been serving the Dublin Georgia community for twenty five years. The 2,000 sq. ft. clinic is located in a free standing building in great condition with adequate parking. The building is in a historic area and has had a full renovation. The building is available for purchase-details available upon request. With no building purchase, the rent on the clinic would be $3,000.00 per month or current market value at time of sale. This clinic enjoys 5 star reviews. All equipment and furnishings to be sold with the practice are valued at approximately $80,000.00. The clinic does have EHR w/ChiroTouch. There is on-site Xray. Tables are Drop, Bench, Flex/Distraction and Decompression. The technology, iPads and computers are roughly 2-3 years of age. The website is hosted by Chiroplanet.

 

Dublin is a city and county seat of Laurens County, Georgia. Dublin has rich heritage, a charming downtown with historic architecture, unique shops, and a wide variety of dining options. Dublin has a population of 15,992 and its surrounding Laurens County has a population of 50,172.

During the last 12 months, this practice averaged 32 new patients per month and 234 monthly office visits. This puts the patient visit average at 7. For the same 12 months the practice averaged $88,724.00 in monthly services rendered and $38,913.00 in monthly collections. This puts the collection percentage at 44%. The average patient visit is $165.00.

 

All fees are commensurate with others in the area. There are NO receivables figured into any of our formulas.

 

The owner is selling in order to retire.

 

The current owner describes this practice as offering a full range of family based chiropractic care along with physio- therapy.
Chiropractic techniques of choice are Diversified, Activator and Drop.


The clinic currently staffs one chiropractic assistant/front desk manager and one biller that is an independent contract.

 

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 $5,000.00. (This does not include rent, as the building is owned by the doctor.)

 

New patients are primarily gained through:
30% Patient referral
40% Other
30% Ads

 

The practice is:
10% Cash
25% Medicare
20% Personal Injury
10% HMO/PPO
30% Major Med
5% Workers Comp

 

Current office hours are:


9:00am to 5:00pm Monday, Tuesday and Thursday
7:30am to 1:00pm Wednesday
The practice is closed on the remaining days

 

INCOME:
2022- $336,480.00
2023- $403,112.00
2024- $466,962.00

3 year average= $402,184.00

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.