This practice has been serving the Pittsburgh Pennsylvania community for the past forty years. The 3,000 sq. ft. clinic is located in a free standing building in good condition with adequate parking.  The building is owned by the doctor and available for purchase (details available upon request). If the building is not purchased, the rent on the clinic would be $3,000.00 per month. All equipment and furnishings to be sold with the practice are valued at approximately $12,000.00. The clinic does have EHR w/ DC Power Notes. There is on site non-digital X Ray. Tables are HiLo. 

Pittsburgh is a thriving city in the Commonwealth of Pennsylvania and the county seat of Allegheny County. Pittsburgh has a population of 305,152 with 1,258,747 in the surrounding Allegheny county.  

During the last 12 months, this practice averaged 11 new patients per month and 295 monthly office visits. This puts the patient visit average at 26. For the same 12 months the practice averaged $45,321.00 in monthly services and $20,516.00 in monthly collections, putting the collection average at 45%.  The average patient visit is $68.00.

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 and massage. 


Chiropractic techniques of choice are Diversified, Drop and Arthro–Stim

The clinic’s current staff are two front desk/ therapy assistants and one bookkeeper.  The doctor states that they do 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 $8,654.00 + $2,000.00 Rent= $10,654.00


New patients are primarily gained through:
70% Patient Referrals

30% Ads 

The practice is: 
   
10% Cash

5% Medicare
75% HMO/PPO 
5% PI
5% Workers Comp      
The doctor participates in Highmark and BC/BS  
insurance programs.

Current office hours are: 

9:00am until 7:00pm Monday-Wednesday (Lunch from 12:00-2:00)
9:00am until 5:00pm Friday (Lunch from 12:00-2:00)
The practice is closed on the remaining days.

INCOME:
2020 – $243,360.00
2021- $242,613.00      
2022 – $247,198.00
3 year average= $244,390.00