This practice has been serving the West Jordan Utah community for three years. The 2,452 sq. ft. clinic is located in a professional building in excellent condition with adequate parking. The rent on the clinic would be $5,806.00 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 $150,000.00. The clinic does have EHR w/ChiroHD. There is on-site digital Xray. Tables are Drop, Bench, and Decompression. The technology, iPads and computers are roughly 3 years of age. The website is hosted by SiteGround.

West Jordan is a town located in Salt Lake County Utah. Utah is known for its beautiful terrain. The city limits of West Jordan begin on the rivers western rivers bank and end in the foothills of the Oquirrh Mountains. It’s a tight-knit, upscale community that attracts families and high-profile individuals. West Jordan has a population of 114,200 with 1.185,813 in the surrounding Salt Lake County. Salt Lake County has some of the top ranked public charter schools in Utah. All this makes West Jordan Utah a fantastic place to live, work and raise a family.

During the last 12 months, this practice averaged 53 new patients per month and 524 monthly office visits. This puts the patient visit average at 9. For the same 12 months the practice averaged $44,667.00 in monthly services rendered and $36,597.00 in monthly collections. This puts the collection percentage at 82%. The average patient visit is $79.00.

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 relocate.

The current owner describes this practice as offering a full range of acute and multi discipline based chiropractic care along with a focus on spinal decompression.

Chiropractic techniques of choice are Diversified, Activator/Integrator and Webster.

The clinic currently staffs two office managers.

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 $20,000.00.

New patients are primarily gained through:
23% Patient referral
12% MD/Attorney
65% Ads

The practice is:
70% Cash
30% Personal Injury

Current office hours are:
7:00am to 7:00pm Monday-Thursday
9:00am to 12:00pm Friday
The practice is closed on the remaining days.

INCOME:
2023- $293,082.00
2024- $401,332.00
2 year average= $347,207.00