This thriving, well appointed practice has been serving the Knoxville Tennessee community for the past six years. This clinic enjoys hundreds of five star reviews.The 1,450sq. ft. clinic is located in a strip mall  in excellent condition with adequate parking. The rent on the clinic would be $3,677.00 per month.  All equipment and furnishings to be sold with the practice are valued at approximately $55,500.00. The clinic has EHR with C hiroHD. There is on site digital X Ray. Tables are Drop and Decompression. 

Knoxville is a city on the Tennessee River in eastern Tennessee in Knox county. It is the fastest growing city in Tennessee. Downtown, the Market Square district has 19th-century buildings where you can enjoy the nightlife, shopping, and restaurants, or head outdoors for some hiking, mountain biking, and paddling. Knoxville prides itself on a unique mix of natural beauty, outdoor adventure and cultural attractions. It is truly a nature loving, adventure seeking artsy town. Knoxville Tennessee has a population of 196,823 with 492,993 in the surrounding Knox County.  Great school and a low cost of living rounds out the reasons why Knoxville is a fantastic place to live, work and raise a family.

During the last 12 months, this practice averaged 43 new patients per month and 1090 monthly office visits. This puts the patient visit average at 10. For the same 12 months the practice averaged $87,774.00 in monthly services rendered and $70,365.00 in monthly collections. This puts the collection percentage at 81%. The average patient visit is $66.00.

The current doctors wish to sell in order to relocate out of state to be 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 doctors describe this as a family practice offering a full range of family chiropractic care and decompression. 


Chiropractic techniques of choice are Torque Release, Thompson Drop and Webster. 

The clinic currently employs one associate doctor of chiropractic and two chiropractic assistants. The doctors state that they do not have any malpractice suits, insurance audits or board charges active or currently pending. The doctors do 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 $25,000.00. 

New patients are primarily gained through:
21% Patient referrals  
66% Ads 
13% Walk Ins

The practice is: 
   
82% Cash
1.6% Medicare
            
11.9% Major Med
4.5% Personal Injury

The doctors participate with BC/BS, UHC and Medicare 
insurance programs.

Current office hours are: 

10:00am to 6:00pm Monday and Thursday (Lunch 1:00 to 3:00).
10:00am to 5:00pm Wednesday (Lunch 1:00 to 3:00).
3:00pm to 6:00pm Tuesdays.
The practice is closed on the remaining days.

INCOME:
2021- $806,755.00
2022- $816,138.00
2023 projected – $750,000.00
3 year average= $790,250.00