This practice has been serving the Austin Texas community for the last eighteen years. The 1959 sq. ft. clinic is located in a professional building in excellent condition with adequate parking. The rent on the clinic is $6,310 per month. All equipment and furnishings to be sold with the practice are valued at approximately $103,345.00. The clinic does have EHR w/DrChrono. There is digital X-ray on site. The chiropractic tables are Bench, Drop and Decompression.
 
Austin is the state capital of Texas. Austin is known for its eclectic live-music scene centered around country, blues and rock. Its many parks and lakes are popular for hiking, biking, swimming and boating. Austin is quickly becoming home to many company headquarters as a result of its business friendly environment.  Austin has a population of 973,720. Austin has one of the highest concentrations of top ranked public schools in Texas. All this makes Austin Texas a fantastic place to live, work and raise a family.

The current doctor wishes to sell in order to spend more time with family.

During the last 12 months, this practice averaged 11 new patients per month and 158 monthly office visit. This puts the patient visit average at 14. For the same 12 months the practice averaged $27,026.00 in services billed and $27,026.00 in monthly collections, which renders collections 100%. The average patient visit is $171.00.

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 a full range of chiropractic care along with nutrition and lite rehab. NOTE: This practice has offered neuropathy programs in the past.  Information on this is available upon request.

Chiropractic techniques of choice are Diversified, Drop Gonstead and Activator.


The clinic currently employs one front desk receptionist and one rehab tech.


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 $14,000.00.
    

New patients are primarily gained through:
60% Patient Referrals
    
40% Internet
    
    
   
The practice is: 
    
99% Cash
    
1% Personal Injury
    
    

The doctor does not participates in any local insurance programs.

Current office hours are: 

9am until 12pm Mondays.

9am until 5pm Tuesdays.
12pm until 5pm Wednesdays.

9am until 2pm on Thursdays. 

The practice is closed on the remaining days.

INCOME:
2019- $393,449.00
2020 – $391,527.00
    
2021- $331,935.00
3 year average= $372,304.00