This successful practice has been serving the Somers New York community for the past forty five years. The 1,000sq. ft. clinic is located in a free standing building in good condition with adequate parking. The rent on the clinic would be $2,325.00 per month. All equipment and furnishings to be sold with the practice are valued at approximately $15,000. The clinic does have EHR with Eclipse Scheduling. There is no on site X Ray. Tables are Bench, Flexion/Distraction and HiLo. *This clinic has been a care provider for a professional sports team for twenty years creating value added for this opportunity.

Somers is a town located in Westchester County, New York. The public schools in Somers are highly rated. Westchester County is an upscale, affluent community with residents that focus on being healthy.  Somers offers a high quality of living and world-class amenities while retaining a convenient commute to the opportunities and excitement of New York City. Somers has a population of 21,656 with 1 million in the surrounding Westchester County.  All this makes Somers New York a fantastic place to live, work and raise a family.

During the last 12 months, this practice averaged 9 new patients per month and 398 monthly office visits. This puts the patient visit average at 44. For the same 12 months the practice averaged $20,625.00 in monthly services rendered and $17,072.00 in monthly collections. This puts the collection percentage at 82%. The average patient visit is $52.00.

The current doctor wishes to sell in order to retire.

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. 


Chiropractic technique of choice is Diversified, Soft Tissue and Flexion/Distraction. 

The clinic currently employs one office manager/front desk person. The clinic uses an outside billing service. 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 $7,864.00. 

New patients are primarily gained through:
70% Patient Referrals

5% MD/Attorneys   
5% Ads
20% Other 

The practice is: 
  
10% Cash
        
20% Medicare
  
3% HMO/PPO
 (IME)64% Major Med
1.5% Personal Injury
1.5% Workers Comp    
The doctor participate in most local 
insurance programs.

Current office hours are: 

10:00am to 7:00pm Tuesday and Thursday (Lunch 1:00 to 2:30)
9:00am to 12:00 pm Saturdays
The practice is closed on the remaining days.

INCOME:
2020- $345,202.00
2021- $320,930.00
2022 Projected – $245,837.00
3 year average= $303,990.00

*Prior to December 2021 this company had two locations.  They have been combined into one office in Somers. The previous office was 20 minutes away and many of those patients have migrated to the Somers location.