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Call 770-748-6084
Text 561-861-4977
Our Working Hours
Mon - Friday: 9.00 - 6.00 EST
Call 770-748-6084
Text 561-861-4977
Mon - Friday: 9.00 - 6.00 EST
411 University St, Seattle
*NOTE: BANNER NUMBERS BELOW ARE FOR AUGUST 2022 – JULY 2023
*The following practice information was supplied on October 2023
This practice has been serving the Roswell Georgia community for the past thirty six years. The 1550sq. ft. clinic (550 private-1000 shared), is located in a professional center in excellent condition with adequate parking. The rent on the clinic would be $550.00 per month. All equipment and furnishings to be sold with the practice are valued at approximately $27,620.00. The clinic has EHR with OfficeAlly. There is no X Ray. Tables are Drop and Flexion/Distraction..
Roswell is a city in northern Fulton County, Georgia. A close suburb of Atlanta, Roswell has an affluent historic district. Restaurants, shopping, nightlife, culture and vast areas of nature to explore, all make Rosewell a great place to live, work and raise a family. Roswell Georgia has a population of 91,619 with 1,510,149 in the surrounding Fulton County.
During the last 12 months, this practice averaged 4 new patients per month and 102 monthly office visits. This puts the patient visit average at 25. For the same 12 months the practice averaged $16,132.00 in monthly services rendered and $9,626.00 in monthly collections. This puts the collection percentage at 60%. The average patient visit is $94.
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 supportive physiotherapies.
The current doctor wishes to sell in order to retire.
The chiropractic technique of choice is Diversified, Cox and Impulse.
The clinic currently employs one practice administrator. An independent insurance billing company is used for insurance claims. 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 $3,663.00.
New patients are primarily gained through:
46% Patient referrals
14% Chiropractors
11% Ads
29% Other (Internet/ Ins Plans/ Community Service Work
The practice is:
32% Cash
50% Medicare
8% HMO/PPO
1% Personal Injury
9% Major Medical
The doctors participate with most local
insurance programs.
Current office hours are:
8:00am to 12:20pm Monday, Tuesday and Friday.
8:00am to 4:20pm Wednesday (Lunch 12:45 to 2:00).
First Saturday morning/month.
The practice is closed on the remaining days.
INCOME:
2021- $130,107.00
2022- $121,520.00
2023 projected – $122,647.00
3 year average= $124,758.00