This successful practice has been serving the Litchfield Connecticut community for the past thirty years. The 900 sq. ft. clinic is located in a strip mall in excellent condition with adequate parking. The rent on the clinic would be $1,797.00 per month. All equipment and furnishings to be sold with the practice are valued at approximately $2,500.00. The clinic does not have EHR. There is an on-site digital X Ray. The tables are bench and drop. 

Located in picturesque Litchfield County, 90 miles from Manhattan.  A pro-business climate makes it an ideal place for any business startup or expansion. The Litchfields are an authentic blend of small towns and country living offering wonderful shops and restaurants in this historic New England village. The public schools are above average. Litchfield County has a population of 183,764. 

The current doctor wishes to sell in order to retire.

During the last 12 months, this practice averaged 10 new patients per month and 373 monthly office visits. This puts the patient visit average at 37. For the same 12 months the practice averaged $27,550.00 in monthly services rendered and $24,434.00 in monthly collections. This puts the collection percentage at 88%. The average patient visit is $66.00. 

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 care. 


Chiropractic techniques of choice are Full Spine, Diversified and SOT/Cranial. 

The clinic currently employs one office manager. 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 $7,100.00. 

New patients are primarily gained through:
25% Patient Referrals
  
15% Dr Networking 
50% Internet/Ads
    
5% Blue Cross List
5% People See Sign 

The practice is: 
  
32% Cash
   
24% Medicare (Non-Par/Non Assignment)
42% Major Med (Anthem)
2% Workers Comp


Current office hours are: 

9:00am until 6:30pm Monday, Wednesday and Friday (lunch from 1:30pm until 3:00pm)
9:00am until 12:00pm Every other Saturday
The practice is closed on the remaining days.

Income:
2021- $263,003.00
2022- $273,793.00
2023 projected- $297,259.00 
3 year average- $281,352.00