This practice has been serving the Falls Church Virginia community for thirty years. The 3374 sq. ft. clinic is located in a professional building center with adequate parking. The clinic was remodeled three years ago. The rent on the clinic would be $5,351.00 per month. This clinic enjoys dozens of 5 star reviews. All equipment, supplies and furnishings to be sold with the practice are valued at approximately $76,275.00. The clinic does have EHR w/Eclipse. There is on-site digital Xray. Tables are Drop and Flexion/Distraction. The technology, server , tablets and computers are between 1-5 years of age. The website is hosted by Chiromatrix.

Falls Church is an independent city in the Commonwealth of Virginia in the Washington DC Metropolitan Area. This  upscale-affluent charming and historic small city is known for its rich history, vibrant community, and excellent schools. It offers a blend of suburban and urban living, with plenty of parks, restaurants, and local shops. Many residents work within the government, military or tech sector. Falls Church has a population of  14,686,  with 1,380,454  in the surrounding Arlington and Fairfax counties.

During the last 12 months, this practice averaged 23 new patients per month and 657 monthly office visits. This puts the patient visit average at 29. For the same 12 months the practice averaged $107,104.00 in monthly services rendered and $59,589.00 in monthly collections. This puts the collection percentage at 56%. The average patient visit is $91.00. 

All fees are commensurate with others in the area. The receivables are NOT included in this offering.

The owner is wanting to sell to retire or semi-retire if a new owner would like them to stay on.

The current owner describes this practice as offering a full range of chiropractic care along with PT and Decompression. Additionally they provide sports related services through ART, KT, Acupuncture, Dry Needling, Cryo Therapy and Rock Blading. 

Chiropractic techniques of choice are Diversified, Thompson and Activator. 

The clinic currently staffs one associate doctor of chiropractic, one new patient advocate, one front desk manager and two chiropractic assistants.

The owner states that they do not have any malpractice suits or board charges active or currently pending. The owner pays 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 $40,685.00.

New patients are primarily gained through: 

30% Patient referral
25% Attorney
10% Ads
25% Drs/PT’s
10% In House Promos

The practice is:
30% Cash
40% Insurance
23% Personal Injury
5% Medicare
2% Workers Comp

Current office hours are: 
8:00am until 7:00pm Monday, Wednesday & Friday – Lunch 12:30pm–2:30pm.
2:00pm until 7:00pm Tuesdays & Thursdays.
8:00am until 12:30pm on Saturdays.
The practice is closed on the remaining days.

INCOME: 
2022- $658,232.00
2023- $647,020.00
2024 projected- $816,304.00
3 year average= $707,186.00