This practice has been serving the Franklin Tennessee community for the past seventeen years. The office functions within a professional healthcare shared space facility in excellent condition with adequate parking. The space was just remodeled three years ago.  The rent on would be $1,500.00 per month. All equipment and furnishings to be sold with the practice are valued at approximately $7,500.00. The clinic does have EHR w/JaneApp. There is no Xray on-site. Tables are Drop.
 
Franklin is a city in Williamson County, just  south of Nashville, in Tennessee. Franklin is a mainstay on Money’s annual Best Place to Live list. Downtown offers restaurants, shopping and events year round.  With great outdoor spaces and a short drive to downtown Nashville, this city offers something for everyone. Franklin has a population of 93,454 with 251,280 people in the surrounding Williamson County. Franklin is a great place to live, work and raise a family.

During the last 12 months, this practice averaged 20 new patients per month and 215 monthly office visit. This puts the patient visit average at 11. For the same 12 months the practice averaged $35,350.00 in monthly services rendered and $34,508.00 in monthly collections. This puts the collection percentage at 98%. The average patient visit is $161.00.


The current doctor wishes to sell in order to have more time to care for a family member with health issues.

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 chiropractic care with massage along with applied kinesiology, and Chinese medicine/acupuncture.


Chiropractic technique of choice is AK, SOT and Activator.

The clinic currently employs one front desk manager. 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 $2,500.00.

New patients are primarily gained through:
75% Patient Referrals    
    
25% Others
   

The practice is: 
    
100% Cash
    
        
The doctor does not participates in any local 
insurance programs.

Current office hours are: 

8am until 5pm Mondays and Tuesday w/a 30 minute lunch break.

9am until 4pm Wednesdays w/a 30 minute lunch break.

The practice is closed on the remaining days.

INCOME:
2019- $469,625.00
2020 – $472,056.00
    
2021- $430,087.00

3 year average= $457,256.00