This successful practice has been serving the New Port Richey Florida community for the past twenty years. The 3,000sq. ft. clinic is located in a free standing building  in excellent condition with adequate parking. The clinic was recently remodeled. The building is also available for purchase (details upon request). If not purchased, the rent on the clinic would be $2,000.00 per month.  All equipment and furnishings to be sold with the practice are valued at approximately $35,000.00. The clinic does have EHR with Colaborate. There is on site digital X Ray. Tables are Drop, Flexion/Distraction and HiLo. 

New Port Richey is a city in Pasco County, Florida. It is a suburban city included in the Tampa-St. Petersburg-Clearwater, Florida Metropolitan Area. There is an attractive historical downtown and Main Street. New Port Richey blends nature, beaches, and great shopping with restaurants, culture and business – all with a small-town feel. New Port Richey has a population of 17,536 with 591,048 in the surrounding Pasco County.  All this makes New Port Richey Florida a fantastic place to live, work and raise a family.

During the last 12 months, this practice averaged 54 new patients per month and 537 monthly office visits. This puts the patient visit average at 10. For the same 12 months the practice averaged $122,962.00 in monthly services rendered and $68,666.00 in monthly collections. This puts the collection percentage at 56%. The average patient visit is $125.00.

The current doctors wish to sell in order to focus on other businesses.

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 doctors describe this practice as offering a full range of chiropractic care, physical therapy and rehab. 


Chiropractic techniques of choice are Diversified, Drop and Activator. 

The clinic currently employs one full time chiropractic associate doctor, two chiropractic office managers and one chiropractic technician. The doctors state that they do not have any malpractice suits, insurance audits or board charges active or currently pending. The doctors do 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 $35,600.00. 

New patients are primarily gained through:
60% Other
20% MD/Attorney Referrals    
20% Ads 

The practice is: 
   
26% Cash
18% Medicare
            
4% HMO/PPO

14% Major Med
35% Personal Injury
3% Workers Comp    
The doctors participate with all local 
insurance programs.

Current office hours are: 

8:00am to 7:00pm Monday thru Thursday (Lunch 1:00 to 2:00)
The practice is closed on the remaining days.

INCOME:
2019- $938,674.00
2021- $856,815.00
2022 – $848,892.00
3 year average= $881,460.00
*2020 omitted as it was a covid year.