This successful practice has been serving the Venice Florida community for the past seventeen years. The 1,160 sq. ft. clinic is located in a professional building in good condition with adequate parking. The office was remodeled just a few years ago. The rent on the clinic would be $1,750.00 per month. All equipment and furnishings to be sold with the practice are valued at approximately $35,431.00. The clinic does have EHR w/ChiroTouch available. There is no on-site Xray. Tables are Bench, Drop and Flex/Distraction.

Venice is a city in Sarasota County, Florida. Known for its world class beaches, a quaint Venice downtown area, plenty of restaurants, many walking and biking trails and dozens of parks. There are plenty of recreational activities to enjoy like fishing, kayaking, and much more. Venice has a population of 26, 407  with 444,918 in the surrounding Sarasota County. Florida is one of the most business friendly states-which is one of many reasons this area is seeing enormous growth. All this makes Venice Florida a fantastic place to live, work and raise a family.

During the last 12 months, this practice averaged 18 new patients per month and 424 monthly office visits. This puts the patient visit average at 24. For the same 12 months the practice averaged $26,686.00 in monthly services rendered and $21,318.00 in monthly collections. This puts the collection percentage at 80%. The average patient visit is $50.00.

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 based chiropractic care.

Chiropractic technique of choice is Diversified and Flexion/Distraction

The clinic currently employs one full time receptionist, and three part time chiropractic assistants. 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 $9,039.00.

New patients are primarily gained through:
80% Patient Referrals
1% MD Referrals
19% Ads

The practice is:
15% Cash
8% Personal Injury
21% Major Med
36% Medicare
19% HMO/PPO
The doctor participate in most local 
insurance programs.

Current office hours are:
8am until 5pm Mondays, Wednesdays and Fridays
8am until 12pm Tuesdays and Thursdays December-April (seasonal).
The practice is closed on the remaining days.

INCOME:
2020- $234,568.00
2021 – $277,515.00
2022 Projected- $280,485.00
3 year average= $264,190.00