This successful practice has been serving the Johns Island South Carolina community for the past nine years. The clinic enjoys dozens of 5 star reviews on Google, Yelp and Facebook. The clinic is approximately 1200 sq ft and is located in a free standing building  in good condition with adequate parking. The rent on the clinic would be $2,200.00 per month.  All equipment and furnishings to be sold with the practice are valued at approximately $37,000.00. The clinic does have EHR with Chirotouch. There is on site digital X Ray. Tables are Drop, Flexion/Distraction, and Child/Horse. 

Johns Island is an island in Charleston County, South Carolina.  Its proximity to downtown Charleston, its natural beauty and the welcoming lifestyle explains its recent explosive growth. Johns Island is a great place to access some of the most beautiful beaches along the South Carolina coast. Johns Island offers rich history, beautiful wildlife, and a coastal paradise. Johns Island is a short 10 miles from the heart of downtown Charleston, offering a variety of restaurants, shopping and entertainment. Johns Island has a population of 20,500 and 425,644 in the surrounding Charleston County. 

During the first 4 months of 2023, this practice averaged 20 new patients per month and 500 monthly office visits. This puts the patient visit average at 25. For the same time period the practice averaged $28,276.00 in monthly services rendered and $21,723.00 in monthly collections. This puts the collection percentage at 76%. The average patient visit is $44.00.

The current doctor wishes to sell in order to move closer to family..

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 techniques of choice are Diversified, Drop, Activator and Webster. 

The clinic currently employs one chiropractic associate doctor, one front desk manager and one  insurance specialist. The doctors state 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 $11,490.00.    

New patients are primarily gained through:
15% Other
1% MD/Attorney Referrals    
84% Patient Referrals 

The practice is: 
   
50% Cash
10% Medicare
            
40% Major Med
The doctors participate with BC/BS and Medicare. 

Current office hours are: 

9:00am to 6:00pm Monday, Wednesday and Thursday (Lunch 12:00 to 2:00).
7:30am to 2:00pm Tuesdays and Fridays (Lunch 11:00 to 11:30).
The practice is closed on the remaining days.

INCOME:
2021- $212,671.00
2022- $212,743.00
2023 Projected – $260,775.00
3 year average= $228,730.00