This practice has been serving the Colorado Springs Colorado area for the past eighteen years. This practice enjoys dozens of 5 star reviews. The 1400 sq. ft. clinic is located in a professional building with adequate parking. The rent on the clinic is $1,691.67 per month. All equipment and furnishings to be sold with the practice are valued at approximately $20,000.00. The clinic does have EHR/ChiroTouch. There is no Xray on site. The tables are drop, flexion/distraction and decompression.

Colorado Springs Colorado is a city in El Paso County at the eastern foot of the Rocky Mountains. There are trains, museums, parks, a zoo and more. Cultural options, shopping and outdoor activities; things to do in Colorado Springs are limitless. Colorado Springs has a population of 498,879 and 745,345 in the surrounding El Paso County. Along with highly rated school, Colorado Springs Colorado is a great place to live, work and raise a family.

During the last 12 months, this practice averaged 16 new patients per month and 337 monthly office visit. This puts the patient visit average at 21. For the same 12 months the practice averaged $18,004.00 in monthly services rendered and $18,231.00 in monthly collections. This puts the collection percentage at 100%. The average patient visit is $50.00.

The current doctor wishes to sell in order to move out of state.

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 sellers agree.

The current doctor describes this as a family and pediatric care with a focus on pregnancy care along with massage.

Chiropractic techniques of choice are Diversified, Drop and Webster.

The clinic currently employs one chiropractic assistant and one LMT’s. The doctor states that they do not have any malpractice suits, insurance audits or board charges active or currently pending. The doctor pays 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 $6.000.00.

New patients are primarily gained through:
50% Patient Referrals

1% MD/Attorney Referrals  
25% Ads
    
24% Birth Center Referrals  

The practice is: 
    
98% Cash
   
2% Personal Injury
   
    

The office does not participate in local insurance programs.

Current office hours are: 

9am until 2:20pm Monday, Wednesday, Friday and Saturday.
9am until 6pm on Tuesday and Thursdays-lunch from 2:20pm until 4:20pm.


The practice is closed on the remaining days.

INCOME:
2021- $150,401.00
2022- $240,000.00
2023 projected- $199,136.00
3 year average= $196,512.00