This practice has served the Asheville area for the past 24 years. The clinic is 1,370 sq foot professional building in excellent condition with adequate parking. The office condo is owned by the doctor and is available for purchase along with the practice but not required for purchasing the practice. If condo not purchased the doctor will create a reasonable lease with terms to be agreed upon. That rent would be $2,700.00 per month. All equipment and furnishings to be sold with the practice are valued at approximately $65,000.00. The clinic does have EHR w/Chirotouch. The clinic has on-site brand new DR digital X-ray that was purchased in Sept 2021.
   
Asheville is a city in, and the county seat of, Buncombe County, North Carolina. Asheville is located in the heart of the breathtaking Blue Ridge Mountains. Asheville is a very special place. This thriving mountain city has a hip downtown, with art galleries, restaurants and music. The residents of Asheville are health minded and looking for a natural approach to a better life.  This enable chiropractic to thrive. Asheville  has a population of 93,350 with 265,055 people in the surrounding county. With above average schools, Asheville North Carolina is a great place to live, work and raise a family.

During the last 12 months, this practice averaged 14 new patients per month and 356 monthly office visit. This puts the patient visit average at 26. For the same 12 months the practice averaged $34,030.00 in monthly services rendered and $27,150.00 in monthly collections. This puts the collection percentage at 80%. The average patient visit is $76.00.

The current doctor 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 doctor describes this practice as offering family chiropractic care along with physiotherapy.

Chiropractic techniques of choice are AO, Arthrostim, Activator and Drop.

The clinic currently employs one office manager and one front desk assistant. The doctor states that they have never had a malpractice suit or had any board charges and none currently pending. The doctor does pay themself a salary, but the salary is not included in the monthly overhead that would accrue to the buyer. The average monthly overhead is approximately $12,000.00.

New patients are primarily gained through:
40% Patient Referrals     
10% MD/Attorney     
50% Internet

The practice is:     
70% Cash     
8% Medicare     
2% Personal Injury     
20% Major Med    
The doctor does not participate in any local insurance programs.

Current office hours are: 8am until 5:30pm Mondays, Wednesdays, and Thursdays-with lunch from 11:45am until 2pm. T
he practice is closed on the remaining days.

INCOME:
2019- $195,801.00
2020 – $253,000.00     
2021 projected- $363,130.00
3 year average= $270,644.00