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411 University St, Seattle

New Haven County Connecticut: Asking $750,000.00

*NOTE: BANNER NUMBERS BELOW ARE FOR MARCH 2023 to FEBRUARY 2024

New Haven County Connecticut Chiropractic Practice For Sale

*The following practice information was supplied on March 2024

This practice has been serving the New Haven County community for the past thirty years. The 1,800sq. ft. clinic is located in a free standing building in excellent condition with adequate parking. The rent on the clinic would be $3,000.00 per month.  This clinic enjoys dozens of five star reviews. All equipment and furnishings to be sold with the practice are valued at approximately $60,000.00. The clinic has EHR with ChiroTouch. There is on site digital X Ray. Tables are Drop, HiLo and decompression.  

This is a quaint wealth-upscale New England area of New Haven County, is one of the best places to live in Connecticut, with very highly rated schools. This region has a population of 868,121 in New Haven County.  

During the last 12 months, this practice averaged 23 new patients per month and 1,054 monthly office visits. This puts the patient visit average at 46. For the same 12 months the practice averaged $90,820.00 in monthly services rendered and $72,781.00 in monthly collections. This puts the collection percentage at 80%. The average patient visit is $70.00.

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 and sports chiropractic care. 

The current doctor wishes to sell in order to retire.


The chiropractic technique of choice is Gonstead, Thompson and CBP. 

The clinic currently staffs one front desk associate and one finance 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 $16,000.00. 

New patients are primarily gained through:
65% Patient referrals  
15% MD/Attorney referrals
20% Ads

The practice is: 
   
35% Cash
10% Medicare
             
10% Personal Injury
40% Major Med
5% Workers Comp

The doctor participates with most local 
insurance programs.

Current office hours are: 

8:00am to 5:00pm Monday and Wednesday.
1:00pm to 6:00pm Tuesday and Thursday. 
8:00am to 12:00pm Friday. 
8:00am to 10:00am Saturday.
The practice is closed on the remaining days.

INCOME:
2022- $672,137.00
2023 – $780,000.00
2 year average= $726,069.00

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.