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411 University St, Seattle

Norcross Georgia: Asking $200,000.00

*Banner Numbers Below Are For 2024.

Chiropractic Practice For Sale in Norcross Georgia

*Some information was supplied on January 2025.

This successful practice has been serving the Norcross Georgia community for the past thirteen years at its current location. The 2,166 sq. ft. clinic is located in a strip mall in excellent condition with adequate parking. The rent on the clinic would be $3,360.00 per month. All equipment and furnishings to be sold with the practice are valued at approximately $35,850.00. The clinic does have EHR w/Chiro Pad. There is on-site digital X Ray. Tables are Drop and HiLo. The website is hosted by BlueHost.

Norcross is a city located in Gwinnett County, Georgia. Norcross is part of the Atlanta-Sandy Springs-Marietta metropolitan area. Norcross Georgia has a population of 18,209 with 990,879 in the surrounding Gwinnett County.

During the last 12 months, this practice averaged 27 new patients per month and 357 monthly office visits. This puts the patient visit average at 13. For the same 12 months the practice averaged $76,249.00 in monthly services rendered and $23,522.00 in monthly collections. This puts the collection percentage at 31%. The average patient visit is $67.00.

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 chiropractic care along with massage.

Chiropractic technique of choice is Diversified, Drop and Activator.

The clinic currently staffs one front desk employee, two back office employees and one massage therapist.

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 $12,300.00.

New patients are primarily gained through:
90% Patient Referrals
10% MD/Attorney Referrals

The practice is:
60% Cash
15% Personal Injury
25% HMO/PPO

The doctor participates in most local health insurance programs.

Current office hours are:
Monday, Tuesday, Wednesday and Friday.
Some Saturdays.
The practice is closed on the remaining days.

INCOME:
2022- $271,991.00
2023- $279,677.00
2024- $287,275.00
3 year average= $279,648.00

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.