This practice has been serving the Lake Worth Florida community for thirty seven years. The 2000 sq. ft. clinic is located in a strip mall in good condition with adequate parking. The rent on the clinic would be $3,200.00 per month. This clinic enjoys 5 star reviews. All equipment and furnishings to be sold with the practice are valued at approximately $100,000.00. The clinic does have EHR w/PayDC. There is non digital on-site Xray. Tables are Drop, HiLo  and Decompression. The technology, iPads and computers are roughly 5-6 years of age. The website is hosted by JustHostt.

Lake Worth is a city in east-central Palm Beach County, Florida. Lake Worth has great beaches, a new fishing pier, historic buildings, and a revitalized downtown with an eclectic mix of antique stores, specialty shops, restaurants, art galleries and music venues. Lake Worth has a population of 236,562 and its surrounding county has a population of 1,547,735.   

During January thru May of 2024, this practice averaged 16 new patients per month and approximately 340 monthly office visits. This puts the patient visit average at 21. For the same 5 months the practice averaged $39,062.00 in monthly collections. The average patient visit is $114.00.

All fees are commensurate with others in the area. There are NO receivables figured into any of our formulas.

The owner is wanting to sell to retire.

The current owner describes this practice as offering a full range of family based chiropractic care along with massage. 

Chiropractic techniques of choice are Upper Cervical, Thompson and Diversified. 

The clinic currently staffs one office manager, one chiropractic assistant and one massage therapist.

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 $22,000.00.

New patients are primarily gained through: 
70% Patient referral
10% MD/Attorney
10% Ads
10% Website

The practice is:
30% Cash
25% Medicare
10% Personal Injury
35% Insurance

Current office hours are: 
8:00am until 5:00pm Monday, Tuesday, Wednesday and Friday- Lunch 1:00pm-2:00pm.
8:00am until 1:00pm Thursdays.
The practice is closed on the remaining days.
                                                                                                                                    
INCOME: 
2022- $378,521.00
2023- $358,438.00
2024 projected- $468,738.00
3 year average= $401,899.00