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411 University St, Seattle

Eastman Georgia: Asking $500,000.00

Building Available For Purchase Along W/Practice

*Banner Numbers Below Are For November 2021 – December 2022

Eastman Georgia Chiropractic Practice For Sale

*The following practice information was supplied on December 2022

This successful practice has been serving the Eastman Georgia community for the past twenty six years.The 2,500 sq. ft. clinic is located in a free standing building in good condition with adequate parking. The building is available for purchase, with details available upon request. The rent on the clinic would be $3,750.00 per month. All equipment and furnishings to be sold with the practice are valued at approximately 20,000.00. The clinic has EHR w/ChiroTouch. There is an on site digital X Ray. Tables are Drop and HiLo 

Eastman is a city located in Dodge County Georgia.  With relatively short drives to the coast as well as Atlanta and access to great schools makes Eastman a great location with a small town feel.  Eastman has a population of 5.595 with 19,759 in the surrounding Dodge County. 

During the last 12 months, this practice averaged 13 new patients per month and 562 monthly office visits. For the same 12 months the practice averaged $33,394.00 in monthly services rendered and $30,856.00 in monthly collections. That puts the collection average at 92%. The average patient visit is $55.00. 

The current doctor wishes 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 based chiropractic care.

Chiropractic techniques of choice are Drop, Diversified and Arthostim

The clinic currently employs one front desk assistant, one insurance operator and one ca therapist/xray technician. 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 $10,943.00.

New patients are primarily gained through:
72% Patient Referrals

6% MD/Attorney
22% Ads

The practice is approximately:
38% Major Medical
25% Cash
30% Medicare
7% Personal Injury

The doctor does not participate in local 
insurance programs.

Current office hours are:
9:00am to 6:00pm Monday, Wednesday and Thursday. (Lunch from 12:00 to 2:00)
9:00am to 12:00pm Tuesday and Friday.
The practice is closed on the remaining days.

INCOME:
2020- $302,862.00
2021- $344,793.00
2022 Projected – $378,532.00
3 year average= $342,062.00

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.