This practice has been serving the Greenland New Hampshire community for the past twenty four years. The 2,600 sq. ft. clinic is located in a free standing building in excellent condition with adequate parking. The building is owned by the doctor and available for purchase (details available upon request). If the building is not purchased, the rent on the clinic would be $4,000.00 per month. All equipment and furnishings to be sold with the practice are valued at approximately $37,000.00. The clinic does have EHR w/ ChiroTouch. There is an on site digital X Ray. Tables are Drop.

Greenland is a town in Rockingham County, New Hampshire. Centrally located between the White Mountains and Boston, minutes from the beaches and I-95, Greenland is a vibrant community that retains a small town feel that is experiencing residential and commercial growth of late. Greenland has a population of 4,124 with 319,861 in the surrounding Rockingham county. 

During the last 12 months, this practice averaged 20 new patients per month and 386 monthly office visits. This puts the patient visit average at 19. For the same 12 months the practice averaged $43,426.00 in monthly services and $27,430.00 in monthly collections, putting the collection average at 63%.  The average patient visit is $72.00.

The current doctor wishes to sell in order to be with family.

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 family based chiropractic and massage.

Chiropractic techniques of choice are Diversified, Drop, Arthro–Stim and CBP.

The clinic’s current staff is one chiropractic assistant and insurance manager  The doctor states that they do 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 $11,000.00

New patients are primarily gained through:
55% Patient Referrals

10% MD/Attorney
25% Ads
10% Other

The practice is: 
   
55% Cash

6% Medicare
5% HMO/PPO  2% PI2% Workers Comp
30% Major Med    The doctor participates in Highmark and BC/BS  
insurance programs.

Current office hours are: 

8:00am until 6:00pm Monday, Wednesday and Thursday (Lunch from 12:15-1:45)
2:00pm until 6:00pm Tuesday
The practice is closed on the remaining days.

INCOME:
2020 – $225,000.00
2021- $289,000.00       
2022 – $338,000.00
3 year average= $284,000.00