This successful practice has been serving the Sunrise Florida community for the past forty two years. The 1,600sq. ft. clinic is located in a strip mall in good condition with adequate parking. The rent on the clinic would be $3600.00 per month. All equipment and furnishings to be sold with the practice are valued at approximately $30,000.00. The clinic does not have EHR. There is non digital X Ray. Tables are Bench, Drop and DRX Decompression. 

Sunrise is a city in central-western Broward County, Florida, and is a principal city of the Miami metropolitan area. With its ideal central location, world-class shopping, sports and entertainment venues, incredible restaurants and pleasant neighborhoods, Sunrise is a premier city within the communities that surround Fort Lauderdale. Aptly named for what Florida is best known for, Sunrise is a magnet for a well-rounded life this most southern state offers. Sunrise has a population of 94,025 with 2,020,368 in the surrounding Broward county.  

During the last 12 months, this practice averaged 10 new patients per month and 233 monthly office visits. This puts the patient visit average at 23. For the same 12 months the practice averaged $31,399.00 in monthly collections. The average patient visit is $135.00.

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 chiropractic care and massage. 


Chiropractic technique of choice is Diversified, Total Body Modification and HIO.

The clinic currently employs one office manager, one massage therapist and one associate chiropractic doctor that is an IC. 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 $17,500.00. 

New patients are primarily gained through:
25% Patient Referrals

50% MD/Attorneys    
25% Ads

The practice is: 
   
12.5% Cash
         
12.5% Major Med
75% Personal Injury
The doctor participate in most local 
insurance programs.

Current office hours are: 

9am until 7pm on Mondays, Wednesdays and Fridays with lunch from 1pm-2:30pm.
2:30pm until 6pm on Tuesdays.
8am until 1pm on Thursdays.
9am until 1pm Saturdays.
The practice is closed on the remaining days.

INCOME:
2022- $489,727.00
2023 Projected – $350,525.00
3 year average= $420,125.00