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Call 770-748-6084
Text 561-861-4977
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Mon - Friday: 9.00 - 6.00 EST
Call 770-748-6084
Text 561-861-4977
Mon - Friday: 9.00 - 6.00 EST
411 University St, Seattle
*Banner Numbers Below Are For Dec 2021- Nov 2022
*The following practice information was supplied on December 2022
This successful practice has been serving the Arlington Texas community for the past forty years, owned by the current doctor for twenty seven years. The 2,000 sq. ft. clinic is located in a free standing building in excellent condition with adequate parking. The building has recently been remodeled. The building is available for purchase, with details available upon request. The rent on the clinic would be $4,00.00 per month. All equipment and furnishings to be sold with the practice are valued at approximately $31,000.00. The clinic has EHR w/Acom. There is no on site X Ray. Tables are Bench, HiLo and Activator.
Arlington is a city located in Tarrant County Texas. It forms part of the Mid-Cities region of the Dallas–Fort Worth–Arlington metropolitan statistical area, and is a principal city of the metropolis and region. Professional sports, shopping, world class restaurants and award winning parks round out some of what Arlington has to offer. Arlington has a population of 392,786 with 2.1 million in the surrounding Tarrant County. Offering some of the best rated schools in Texas, Arlington is a great place to live, work and raise a family.
During the last 12 months, this practice averaged 21 new patients per month and 381 monthly office visits. For the same 12 months the practice averaged $42,164.00 in monthly services rendered and $30,953.00 in monthly collections. That puts the collection average at 73%. The average patient visit is $82.00.
The current doctor wishes to retire and relocate.
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 family based chiropractic care and massage therapy.
Chiropractic techniques of choice are Diversified and Activator.
The clinic currently employs one office manager and three massage therapists. 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 $19,000.00.
New patients are primarily gained through:
100% Patient Referrals
The practice is approximately:
49% Major Medical
28% Cash
4% Medicare
3% Personal Injury
16% Veterans Administration
The doctor participate in most local
insurance programs.
Current office hours are:
9am to 6pm Mondays, Wednesdays and Thursdays: Lunch form 1pm-3pm.
8:30am to 1pm Fridays.
The practice is closed on the remaining days.
INCOME:
2020- $324532.00
2021- $316,055.00
2022 Projected – $373,460.00
3 year average= $338,016.00
*The numbers in this practice analysis have not been subjected to an audit, but have been furnished entirely by the seller. Premier Practice Consultants, LLC., for evaluation consulting, does not accept liability for accuracy.