Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Over 10 years we help companies reach their financial and branding goals. Maxbizz is a values-driven consulting agency dedicated.

Gallery

Contact

+1-800-456-478-23

411 University St, Seattle

maxbizz@mail.com

Huntsville Alabama: Asking $550,000.00

*Banner Numbers Below Are For 2024

Chiropractic Practice For Sale Huntsville Alabama

*The following practice information was supplied on September 2023

This thriving, well appointed practice has been serving the Huntsville Alabama community for the past thirty seven years. This clinic enjoys hundreds of five star reviews.The 3,920sq. ft. clinic is located in a professional center in excellent condition with adequate parking. The rent on the clinic would be $4,980.00 per month.  All equipment and furnishings to be sold with the practice are valued at approximately $90,945.00. The clinic has EHR with Chirotouch. There is on site digital X Ray. Tables are Drop. 

Huntsville is a city and the county seat of Madison county Alabama and the most populated city in the state. The city is nicknamed “The Rocket City” for its close history with U.S. space missions. Huntsville has been important in developing space technology since the 1950s. The metro area has the most educated population in the state, and a large portion of the population works in engineering and defense. With the explosion downtown, you will find more shopping, dining and arts. In Huntsville, you’ll never feel cooped up. Adventures in the great outdoors await at every turn.  Hiking, biking and golf is easily found in Huntsville. 

Huntsville Alabama has a population of 220,854 with 404,155 in the surrounding Madison County.  With above average ranked public schools and a low cost of living, Huntsville is a fantastic place to live, work and raise a family.

During the last 12 months, this practice averaged 16 new patients per month and 866 monthly office visits. This puts the patient visit average at 54. For the same 12 months the practice averaged $63,053.00 in monthly services rendered and $62,141.00 in monthly collections. This puts the collection percentage at 98.5%. The average patient visit is $71.43.

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 doctors describe this as a family practice offering a full range of family chiropractic care and massage. 


The chiropractic technique of choice is Diversified.  

The clinic currently employs one associate doctor of chiropractic, one office manager and four chiropractic assistants. The doctors state that they do not have any malpractice suits, insurance audits or board charges active or currently pending. The doctors do 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 $40,933.00. (24,000.00 in payroll)

New patients are primarily gained through:
81.25% Patient referrals  
4.7% MD/Attorney referrals
14.1% Ads

The practice is: 
   
34.6% Cash
13.3% Medicare
            
49.7% Major Med
2.4% Personal Injury
The doctors participate with BC/BS, 
insurance programs.

The current doctors wish to sell in order to retire.

Current office hours are:
9:00am to 6:00pm Monday thru Thursday (Lunch 1:00 to 3:00).
The practice is closed on the remaining days.

INCOME:
2022- $701,502.00
2023 – $725,720.00
2024 projected Jan-July) – $676,000.00
3 year average= $701,001.00

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.