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411 University St, Seattle

Fort Lauderdale Florida: Asking $2,000,000.00

100% CASH

*Banner Numbers Below Are For October 2023 to September 2024

Fort Lauderdale Neuropathy Practice For Sale

*Some information was supplied on October 2024

This thriving practice has been serving the Fort Lauderdale Florida community for thirteen years. The 3,700 sq. ft. clinic is located in a professional center  in excellent condition with adequate parking. The rent on the clinic would be $12,000.00 per month. This clinic enjoys hundreds of 5 star reviews. All equipment, supplies and furnishings to be sold with the practice are valued at approximately $50,000.00. The clinic does have EHR w/Genesis. There is on-site digital Xray. Tables are Bench and Flex/Distraction. The technology, server , tablets and computers are between 1-3 years of age. 

Fort Lauderdale is a multicultural city located in Broward County on Florida’s southeastern coast known for its sandy beaches and numerous picturesque boating canals. Along Federal Highway and A1A you’ll find upscale outdoor restaurants, bars, boutiques and luxury hotels. This city, like most of Florida is seeing enormous growth and employment potential with many large companies relocating their HQ’s to the area. All this makes Fort Lauderdale a great place to practice, live and raise a family. Fort Lauderdale has a population of 184,709 with 1,978,173 people in Broward County. 


During the last 12 months, this practice averaged 153 new patients per month and 500 monthly office visits. For the same 12 months the practice averaged $197,750.00 in monthly collections. The average patient neuropathy care plan is approximately $10,000.00. 

All fees are commensurate with others in the area providing the same services. Any receivables are NOT included in this offering.

The current owner describes this practice as offering a full range of acute based chiropractic care along with neuropathy treatment care plans. 

Chiropractic techniques of choice are Diversified and Neuropathy Rehabilitation. 

The clinic currently staffs one associate doctor of chiropractic, one front desk manager, one case manager, 2 sales officials and one rehabilitation tech.

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 $120,000.00.

New patients are primarily gained through: 
5% Patient referral
95% Ads

The practice is:
100% Cash

Current office hours are: 
9:00am until 5:00pm Monday.
10:00am until 3:00pm Tuesday and Thursday.
9:00am until 12:00pm Wednesday.
8:00am until 3:00pm Friday
The practice is closed on the remaining days.

INCOME: 
2022- $1,842,000.00
2023- $3,182,000.00
2024 projected- $2,410,667.00
3 year average= $2,478,222.00

 

 

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.