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411 University St, Seattle

Lincoln Nebraska: Asking $500,000.00

Associate Run Practice-Investors Welcome

*Banner Numbers Below Are For 2024.

Chiropractic Practice for Sale in Lincoln Nebraska

*Some information was supplied on January 2025.

This successful practice has been serving the Lincoln Nebraska community for the past five years. The 1,895 sq. ft. clinic is located in a strip mall in excellent condition with adequate parking. The rent on the clinic would be $3,794.00 per month. This clinic enjoys hundreds of 5 star reviews. All equipment and furnishings to be sold with the practice are valued at approximately $55,000.00. The clinic does have EHR w/Chiro Touch and EMR Chiro. There is on-site digital X Ray. Tables are Bench and Decompression. The website is hosted by GoDaddy.

 

Lincoln is the capital city of Nebraska.  Lincoln Nebraska has a population of 295,798 with 328,998 in the surrounding Lancaster County.  

 

During the last 12 months, this practice averaged 19 new patients per month and 958 monthly office visits. This puts the patient visit average at 50. For the same 12 months the practice averaged $147,470.00 in monthly services rendered and $61,125.00 in monthly collections. This puts the collection percentage at 41%. The average patient visit is $64.00.

The current doctor wishes to sell in order to move closer to family.

All fees are commensurate with others in the area. There are NO receivables figured into any of our formulas 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 care along with
physio-therapy.  

 

Chiropractic technique of choice is Torque Release. 

 

The clinic currently staffs one Associate Doctor of Chiropractic that is the clinic operations manager, one case manager, one front desk employee. 

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 $25,000.00.


New patients are primarily gained through:

40% Patient Referrals
   

20% MD/Attorney Referrals
 

20% Ads

20% Other 

 

The practice is: 
 

35% Cash
   
20% Personal Injury
   
10% Medicare

5% Workers Comp
30% Major Med

The doctor participates in most local health insurance programs. 

 

Current office hours are: 


8:00am to 7:30pm Monday and Thursday.

10:00am to 7:00pm Tuesday.

8:00am to 6:00pm Wednesday.

The practice is closed on the remaining days.

 

INCOME:

2023- $667,391.00

2024- $733,508.00 

2 year average= $700,449.00

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.