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411 University St, Seattle

Carrollton Georgia: Asking $315,000.00

Personal Injury Practice

*Banner Numbers Below Are June 2022 – May 2023

Carrollton Georgia Practice For Sale

*The following practice information was supplied on June 2023

This successful practice has been serving the Carrollton Georgia community for the past forty five years. The 1,200 sq. ft. clinic is located in a strip mall  in excellent condition with adequate parking. The clinic was recently remodeled. The rent on the clinic would be $1,100.00 per month.  All equipment and furnishings to be sold with the practice are valued at approximately $65,000.00. The clinic does not have EHR. There is no on site X Ray. Tables are Drop, Flexion/Distraction, Bench and Decompression.  

Carrollton, Georgia is a city in the northwest region of Georgia, about 45 miles west of Atlanta near the Alabama state line. It is the county seat of Carroll County, which is included in the Atlanta Metropolitan Area. Carrollton, Georgia has a population of 28,200 with 121,734 in the surrounding Carroll County.  It’s a nice small town environment. Good place for a family, good schools and good neighbors.

During the last 12 months, this practice averaged 23 new patients per month and 282 monthly office visits. This puts the patient visit average at 12. For the same 12 months the practice averaged $73,785.00 in monthly services rendered and $34,573.00 in monthly collections. This puts the collection percentage at 47%. The average patient visit is $200.00.

The current doctor wish 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 a full range of acute based chiropractic care and physical therapy. 


Chiropractic techniques of choice are Diversified, Mulligan, Kennedy and Fascial Distortion Model. 

The clinic does not currently have any employees.  The office is managed by the co-owner. 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 $4,000-$5,000 

New patients are primarily gained through:
15% Patient Referral
70% Attorney Referrals    
15% Ads 

The practice is: 
   
10% Cash
20% Insurance

70% Personal Injury
The doctor participates with all local 
insurance programs.

Current office hours are:
1:00pm until 6:00pm Monday, Wednesday and Friday. 
The practice is closed on the remaining days.

INCOME:
2021- $449,166.00
2022- $438,609.00
2023 Projected – $411,032.00
3 year average= $432,935.00

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.