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Call 770-748-6084
Text 561-861-4977
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Mon - Friday: 9.00 - 6.00 EST
Call 770-748-6084
Text 561-861-4977
Mon - Friday: 9.00 - 6.00 EST
411 University St, Seattle
*NOTE: BANNER NUMBERS BELOW ARE FOR MARCH 2023 – FEBRUARY 2024
*The following practice information was supplied on March 2024
This practice has been serving the Casselberry community for the past ten years. The 1,800sq. ft. clinic is located in a professional building in excellent condition with adequate parking. The clinic was remodeled in 2022. The rent on the clinic would be $6,990.00 per month. This clinic enjoys five star reviews. All equipment and furnishings to be sold with the practice are valued at approximately $50,000.00. The clinic has EHR with Chirofusion. There is no on site X Ray. Tables are Bench, Drop, Flexion/Distraction and Decompression.
Casselberry is a city in Seminole County, Florida. It is a short 10 mile trip to downtown Orlando and all that it has to offer. There is an abundance of parks and golf courses. Casselberry has a population of 30,860 with 494,298 in the surrounding Seminole County.
During the last 12 months, this practice averaged 31 new patients per month and 400 monthly office visits. This puts the patient visit average at 13. For the same 12 months the practice averaged $45,722.00 in monthly services rendered and $27,335.00 in monthly collections. This puts the collection percentage at 60%. The average patient visit is $68.00.
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 and massage.
The current doctor wishes to sell in order to focus on other business interests.
The chiropractic technique of choice is Diversified, Activator and Flexion/Distraction..
The clinic currently staffs one chiropractic assistant/front desk person .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 $10,000.00.
New patients are primarily gained through:
20% Patient referrals
35% MD/Attorney referrals
20% Ads
25% Other
The practice is:
40% Cash
5% Medicare
40% Personal Injury
10% Major Med
5% HMO/PPO
The doctor participates with most local
insurance programs.
Current office hours are:
9:00am to 6:00pm Monday thru Thursday- Lunch 12-2.
2:00am to 6:00pm Friday.
9:00am to 12:00pm Saturday.
The practice is closed on the remaining days.
INCOME:
2021- $276,215.00
2022- $424,404.00
2023 – $194,062.00
3 year average= $298,227.00
*$3,200.00/month in rental income.
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.