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411 University St, Seattle

Peachtree Corners Georgia: Asking $100,000.00

*NOTE: BANNER NUMBERS BELOW ARE FOR October 2022 – September 2023

*The following practice information was supplied on November 2023

This practice has been serving the Peachtree Corners Georgia community for the past thirty five years. The 1,140sq. ft. clinic is located in a professional building in excellent condition with adequate parking. The rent on the clinic would be $2,150.00 per month. All equipment and furnishings to be sold with the practice are valued at approximately $23,759.00. The clinic has EHR with Eclipse. There is on site non-digital X Ray. Tables are Bench. 

Peachtree Corners is a city in Gwinnett County, Georgia. Peachtree Corners is part of the Atlanta metropolitan area.  Peachtree Corners is easily one of the best shopping and dining destinations in metro Atlanta.  Peachtree Corners has a population of 42,065 with 1,002,584 in the surrounding Gwinnett County.  

During the last 12 months, this practice averaged 11 new patients per month and 275 monthly office visits. This puts the patient visit average at 25. For the same 12 months the practice averaged $23,863.00 in monthly services rendered and $12,135.00 in monthly collections. This puts the collection percentage at 51%. The average patient visit is $44.

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 offering a full range of family based chiropractic care along with physical therapy. 

The current doctor wishes to sell in order to retire.


The chiropractic technique of choice is Diversified, Extremity Adjusting and Prone Specific. 

The clinic currently employs one front office manager/chiropractic assistant.  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 $6,035.00. 

New patients are primarily gained through:
45% Patient referrals  
5% MD/Attorney referrals
50% Virtual Ads

The practice is: 
   
27% Cash
30% Medicare
            
5% Personal Injury
18% Major Med
20% HMO/PPO

The doctors participate with most local 
insurance programs.

Current office hours are: 

9:00am to 6:00pm Monday thru Thursday (Lunch 1:00 to 3:00).
The practice is closed on the remaining days.

INCOME:
2021- 165,593.00
2022- $148,088.00
2023 projected – $152,276.00
3 year average= $155,31900

Disclaimer:  Premier Practice Consultants is strictly a consultant/representative. All the information provided for any practice has not been subject to an audit. All information has been furnished entirely by the seller. It is solely the responsibility of a buyer to seek professional, legal or financial advice to confirm any information provided. Premier Practice Consultants, LLC., is a consultant and does not accept any liability for accuracy.