This practice has been serving the Watkinsville Georgia community for the past twenty eight years. This clinic enjoys dozens of five star reviews.The 1,540sq. ft. clinic is located in a professional building in excellent condition with adequate parking. The rent on the clinic would be $1,700.00 per month.   All equipment and furnishings to be sold with the practice are valued at approximately $39,000.00. The clinic does not have EHR. There is an on site digital X- Ray. Tables are decompression, drop and flex/distraction. 

Located in Georgia’s Historic Heartland region, Watkinsville, the Oconee county seat, is an hour east of Atlanta and just 8 miles south of Athens and all it has to offer. The city, whose motto is “The Artland of Georgia,” supports a thriving arts community. You can get up close and personal with the beauty of Clydesdales at the Classic City Clydesdales Farm, pick your own seasonal fruits at various farms, stroll an art gallery, get active on the hiking, biking, and equestrian trails, and kayak down the Oconee River. Watkinsville Georgia has a population of 3,002 with 44,496 in the surrounding Oconee County.  

During the last 12 months, this practice averaged 10 new patients per month and 414 monthly office visits. This puts the patient visit average at 41. For the same 12 months the practice averaged $26,057.00 in monthly services rendered and $21,509.00 in monthly collections. This puts the collection percentage at 82%. The average patient visit is $55.00.

The current doctor wishes to sell in order to relocate to be with 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 as a family practice offering a full range of acute and family based chiropractic care. 


Chiropractic techniques of choice are Diversified and Pro-Adjuster. 

The clinic currently employs one office manager. The doctor states that they do not have any malpractice suits, insurance audits or board charges active or currently pending. The doctor does pay themselves a salary, but that salary is not included in the monthly overhead that would accrue to the buyer. 



The average monthly overhead is approximately $3,820.00. 


New patients are primarily gained through:
55% Patient referrals  
35% Ads 
10% MD/Attorney

The practice is: 
   
40% Cash
15% Medicare
            
25% Major Med
5% HMO/PPO
15% Personal Injury
The doctor participate with most local 
insurance programs.

Current office hours are: 

7:30am until 7:00pm Monday (Lunch from 12:00pm until 3:00pm) 
9:00am until 6:00pm Wednesday (Lunch from 12:00pm until 3:00pm) 
9:00am until 12:00pm Friday.
The practice is closed on the remaining days.

INCOME:
2021- $231,998.00
2022- $242,776.00
2023 projected – $249,305.00
3 year average= $241,359.00