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 projected – $784,932.00
2 year average= $743,217.00