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411 University St, Seattle

Ashburn Virginia: Red Light Therapy Clinic

Asking $400,000.00

ALL CASH

*The following practice information was supplied on December 2023

This red-light therapy practice has been serving the Ashburn Virginia community for the past two years. The 1640sq. ft. clinic is located in a strip mall in excellent condition with adequate parking. The rent on the clinic would be $5,200.00 per month.  All equipment and furnishings to be sold with the practice are valued at approximately $65,000.00. The clinic has EHR with Platinum and ChiroSpring. 

Ashburn is located in eastern Loudoun County , Virginia, about 30 miles northwest of Washington DC. This upscale, affluent Washington, D.C., suburb is known as “the bullseye of America’s internet” or “Data Center Alley,”  as Loudoun County is a bonafide tech hub. Ashburn  has a population of 44,950 with 453,554 in the surrounding Loudoun County. 

During the last 12 months, this practice averaged 60 new patients per month and 471 monthly office visits. This puts the patient visit average at 8. For the same 12 months the practice averaged $60,147.00 in monthly services rendered and $58,704.00 in monthly collections. This puts the collection percentage at 98%. The average patient visit is $145.

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 owner describes this practice as offering  red light therapy.

The current owner wishes to sell in order to focus on other businesses.

The clinic currently staffs two red light therapy consultants. The owner states that they do not have any malpractice suits or board charges active or currently pending. The owner 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 $25,000.00. 

New patients are primarily gained through:
1% Patient referrals 
99% Virtual Ads

The practice is: 
   
1% Medicare
             
99% Cash

Current office hours are: 

9am to 7pm Monday,Wednesday, Thursday and Friday (Lunch from 1pm 2pm).
1pm to 7pm Tuesday. 

The office is closed on the remaining days.

INCOME:
Last twelve months income- $704,448.00

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.