This practice has been serving the Coral Springs Florida community for the past forty four years. The 3,000sq. ft. clinic is located in a condo strip mall in excellent condition with adequate parking. The rent on the clinic would be $8,000.00 per month(or current market rate at time of lease).  All equipment and furnishings to be sold with the practice are valued at approximately $318,625.00. The clinic has EHR with Chirotouch. There is on site digital X Ray. Tables are decompression, leander, w/drop, Bench, exam, massage,  and Intersegmental. 

The City of Coral Springs is 24 square miles nestled in the north-west corner of Broward County. Known for our family atmosphere and thriving businesses. The city is located approximately 20 miles northwest of Fort Lauderdale. Coral Springs Florida has a population of 130,445 with 2,003,068 in the surrounding Broward County.  

During the last 12 months, this practice averaged 34 new patients per month and 691 monthly office visits. This puts the patient visit average at 20. For the same 12 months the practice averaged $144,962.00 in monthly services rendered and $60,643.00 in monthly collections. This puts the collection percentage at 42%. The average patient visit is $88.

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 along with supportive physiotherapies, massage, decompression, ozone injections, natural injection therapy, PRP, laser therapy and acupuncture.

The current doctor wishes to sell in order to retire.


The chiropractic technique of choice is Diversified, Drop and Impac. 

The clinic currently employs one nurse practitioner, two front desk assistants, three floor assistants and one billing director. 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 $27,572.00. 

New patients are primarily gained through:
40% Patient referrals 
60% Virtual Ads

The practice is: 
   
50% Self Pay
10% Medicare
             
2% Personal Injury
38% Major Med

The doctor participates with most local 
insurance programs.

Current office hours are: 

9:00am to 7:00pm Monday, Wednesday and  Friday (Lunch 1:00 to 3:00).
2:00pm to 7:00pm Tuesdays.
The practice is closed on the remaining days.

INCOME:
2021- $700,147.00
2022- $664,025.00
2023 projected (Jan-Oct) – $756,293.00
3 year average= $706,822.00