This thriving practice has been serving the Belle Harbor, New York community for twenty eight years. The 1250 sq. ft. clinic is located in a free standing building in excellent condition with adequate parking. The rent on the clinic would be $5,000.00 per month. All equipment and furnishings to be sold with the practice are valued at approximately $35,000.00. The clinic does not have EHR. There is on-site digital Xray. Tables are Drop. 

Belle Harbor is a small residential neighborhood in the New York City borough of Queens, located on the western half of the Rockaway Peninsula, the southernmost area of the borough. Belle Harbor is an upscale-affluent community. Known for its stunning ocean views, friendly community, and proximity to nature, Belle Harbor is a highly sought-after area for those who enjoy a peaceful beach lifestyle while still being close to the city. Belle Harbor has a population of 3,037 and many more in the surrounding Brooklyn and Queens neighborhoods.  

During the last 12 months, this practice averaged 26 new patients per month and 2,970 monthly office visits. This puts the patient visit average at 114. For the same 12 months the practice averaged $69,500.00 in monthly services rendered and $38,167.00 in monthly collections. This puts the collection percentage at 55%. The average patient visit is $13.00.

All fees are commensurate with others in the area. There are NO receivables figured into any of our formulas.

The owner is wanting to sell in order to retire.

The current owner describes this practice as offering straight chiropractic care. 

Chiropractic techniques of choice are Diversified, CBP and Toggle.

The clinic currently staffs two part time 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 $9,000.00. 

New patients are primarily gained through:  
100% Patient referral

The practice is:
13% HMO/PPO
70% Cash
15% Medicare
1% Personal Injury
1% Workers Comp

Current office hours are: 
6:30am until 7:00pm Monday, Wednesday and Friday.
7:30am until 10:30am Tuesday.
The practice is closed on the remaining days.

INCOME: 
2021- $401,000.00
2022- $403,000.00
2023- $420,000.00
3 year average= $408,000.00