This practice has been serving the Germantown Tennessee community for six years. The 3600 sq. ft. clinic is located in a professional center  in excellent condition with adequate parking. The clinic was remodeled two years ago. The rent on the clinic would be $9,100.00 per month. This clinic enjoys hundreds of 5 star reviews. All equipment, supplies and furnishings to be sold with the practice are valued at approximately $221,742.00. The clinic does have EHR w/ChiroHD. There is on-site digital Xray. Tables are Drop. The technology, server , tablets and computers are between 1-5 years of age. The website is hosted by Coffee Scout Media.

Germantown is a city in Shelby County, Tennessee and a suburb of Memphis. This  upscale-affluent charming and historic small city is known for its rich history, vibrant community, and excellent schools. Germantown is known for its high-end shopping as well as its local fine dining options. Germantown has a population of  40,000,  with 903,727  in the surrounding Shelby county.

During the last 12 months, this practice averaged 123 new patients per month and 2,277 monthly office visits. This puts the patient visit average at 18. For the same 12 months the practice averaged $193,959.00 in monthly services rendered and $200,159.00 in monthly collections. This puts the collection percentage at 96%. The average patient visit is $127.00. 

All fees are commensurate with others in the area. The receivables are NOT included in this offering.

The current owner describes this practice as offering a full range of chiropractic care along with offering Neuropathy treatment/care services, and weight loss with red light therapy. 

Chiropractic techniques of choice are Torque Release Technique (TRT) and Websters. 

The clinic currently staffs one back office manager/insurance, five chiropractic assistants, two sales representatives, one therapy assistant and one virtual assistant.

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 $107,820.00.

New patients are primarily gained through: 
20% Patient referral
35% Ads
45% TV Ads

The practice is:
78% Cash
7% Insurance
15% Medicare

Current office hours are: 
10:00am until 6:00pm Monday (Lunch from 1:00pm until 3:00pm.)
3:00pm until 6:00pm Tuesday.
10:00am until 5:00pm. Wednesday and Thursday (Lunch from 1:00pm until 2:00pm).
The practice is closed on the remaining days.

INCOME: 
2023- $2,659,150.00
2024 projected- $2,384,150.00
2 year average= $2,521,650.00