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Text 561-861-4977
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Call 770-748-6084
Text 561-861-4977
Mon - Friday: 9.00 - 6.00 EST
411 University St, Seattle
OWNER FINANCING/VERY MOTIVATED SELLER
*Banner Numbers Below Are For 2022
*The following practice information was supplied on May 2022
This successful practice has been serving the Tucker Georgia community for the past forty three years. The 1,880 sq. ft. clinic is located in a professional building in good condition with adequate parking. The rent on the clinic would be $3,200.00 per month. All equipment and furnishings to be sold with the practice are valued at approximately $12,400.00. The clinic does have EHR w/EZNotes. There is on-site non digital Xray. Tables are HiLo, Drop and Flex/Distraction.
Tucker is a town located in DeKalb County Georgia. Tucker is about 15 miles northeast of downtown Atlanta. It is one of largest and oldest unincorporated communities in the state. Outdoor events held on Main Street are a central part of the community for numerous residents and organizations. Tucker is the home of Discover DeKalb, which markets and promotes all of DeKalb’s attractions. Tucker has a population of 36,278 with 755,287 in the surrounding DeKalb County. All this makes Tucker Georgia a fantastic place to live, work and raise a family.
During the last 12 months, this practice averaged 18 new patients per month and 405 monthly office visits. This puts the patient visit average at 33. For the same 12 months the practice averaged $32,602.00 in monthly services rendered and $24,594.00 in monthly collections. This puts the collection percentage at 75%. The average patient visit is $65.00.
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 integrated and family based chiropractic care.
Chiropractic technique of choice is Diversified and Activator.
The clinic currently employs one chiropractic assistant and one therapist.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 $11,122.00.
New patients are primarily gained through:
15% Patient Referrals
15% MD/Attorney Referrals
70% Ads/Google Searches
The practice is:
15% Cash
15% Personal Injury
40% Major Med
30% Medicare
The doctor participate in most local
insurance programs.
Current office hours are:
9:00am until 1:00pm Monday, Wednesday and Friday.
3:00pm until 7:00pm Tuesday and Thursday.
The practice is closed on the remaining days.
INCOME:
2020 – $247,327.00
2021- $316,000.00
2022 projected- $268,760.00
3 year average= $277,362.00
*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.