This successful practice that has been serving the Longwood Florida area for the past thirty two years. The 1100 sq. ft. clinic is located in a professional building in good condition with adequate parking. The rent on the clinic is $1,325.00 per month. All equipment and furnishings to be sold with the practice are valued at approximately $43,500.00. The clinic does have EHR w/Office Ally Suite. There is no Xray on site. The tables are Bench, Drop, Flexion/Distraction and Decompression.

Longwood is a city in Seminole County, Florida just north of the Metro Orlando area. Longwood is a short drive to all that Orlando has to offer for work and play. Longwood is one of the best places to live in Florida. With outdoor trails , parks and preserves Longwood has something for everyone. The public schools in Longwood are highly rated. Longwood has a population of 16,451 with 479,234 people in the surrounding Seminole County. All this makes Longwood a great place to live, work and raise a family.

During the last 12 months, this practice averaged 11 new patients per month and 240 monthly office visit. This puts the patient visit average at 22. For the same 12 months the practice averaged $23,168.00 in monthly services rendered and $13,658.00 in monthly collections. This puts the collection percentage at 59%. The average patient visit is $55.00.

The current doctor wishes to sell in order to retire and 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 a family based chiropractic provider.

Chiropractic techniques of choice are Diversified, Decompression and Pulsed Instrument Adjusting (Pro-Adjustor).

The clinic currently employs one a chiropractic assistant. 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 $5,400.00.

New patients are primarily 
 gained through:
35% Patient Referrals

25% MD/Attorney

15% Internet

25% Networking Group


The practice is: 

52% Cash

9% Medicare

14% HMO/PPO

25% Personal Injury
 
 

The doctor participates in most local insurance programs.

Current office hours are: 

9am until 6pm Mondays and Thursdays-with lunch from 1pm until 3pm.

9am until 1pm on Tuesdays.

3pm until 6pm Wednesdays.

The practice is closed on the remaining days.


INCOME:
2021- $163,893.00
2022- $134,083.00
 
2023 projected- $136,836.00
3 year average= $144,937.00