This successful practice that has been serving the Conyers area for the past 38 years. The clinic is 2,400 sq foot professional strip mall in excellent condition with adequate parking. The rent on the clinic is $4,274.00 per month. There is two years left on the current lease. All equipment and furnishings to be sold with the practice are valued at approximately $50,000. The clinic does have EHR w/Chirotouch. The tables are Drop and HiLo Elevation. There is digital X-ray on site.
 
Conyers is an Atlanta suburb and the only city in Rockdale County, Georgia. The city is just 24 miles east of downtown Atlanta and is a part of the Atlanta Metropolitan Area. From The Horse Park, to Old Town Conyers, to the famous Cherry Blossom Festival, Conyers has something for everyone of all ages.

Conyers has a population of 16,774 with 90,594 people in the surrounding Rockdale County. All this and more makes Conyers Georgia a great place to live, work and raise a family.


During the last 12 months, this practice averaged 57 new patients per month and 749 monthly office visit. This puts the patient visit average at 13. For the same 12 months the practice averaged $62,645.00 in monthly services rendered and $49,157.00 in monthly collections. This puts the collection percentage at 69%. The average patient visit is $67.00.

The current doctors 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 doctors describe this practice as offering family chiropractic care along with physiotherapy.


Chiropractic techniques of choice are Diversified, Drop and ART(Active Release Technique).

The clinic currently employs one office/insurance, one front desk manager and two back office assistants. The doctors state that they do not have any malpractice suit, insurance audits or board charges currently pending. The doctors do pay themselves a salary, but that salary is not included in the monthly overhead that would accrue to the buyer.

The average monthly overhead is approximately $13,585.00


New patients are primarily gained through:
56% Patient Referrals
    
16% MD/Attorney
   
10% Ads/Google
18% Website 

The practice is: 
    
21.4% Cash
    
8% Medicare
    
7.6% Personal Injury
    
63% Major Med    

The doctors participate in the following insurance programs: Aetna, BC/BS, ASHN,Cigna, Kaiser and AmBetter.

Current office hours are: 

8am until 6pm Mondays thru Thursdays-with lunch from 1pm until 2:45pm.

8am until 1pm on Fridays.

The practice is closed on the remaining days.

INCOME:
2019- $592,309.00
2020 – $616,872.00
    
2021 projected- $559,906.00

 3 year average= $589,696.00