This practice has been serving the Reading Pennsylvania community for thirty two years. The 1,800 sq. ft. clinic is located in a free standing building (home) with adequate parking.  All equipment, supplies and furnishings to be sold with the practice are valued at approximately $26,089.00. The clinic does not have EHR. There is on-site non digital X Ray. Tables are Bench, Drop, Flex/Distraction and Decompression. 

Reading is a city in and the county seat of Berks County, Pennsylvania.  Reading has a population of  94,878,  with 434,069 in the surrounding Berks county.

During 2023, this practice averaged 22 new patients per month and 854 monthly office visits. This puts the patient visit average at 38. For the same time the practice averaged $40,665.00 in monthly services rendered and $34,537.00 in monthly collections. This puts the collection percentage at 85%. The average patient visit is $40.00. 

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

The clinic is being offered for sales so that the owner can retire.

The current owner describes this practice as offering a full range of acute, multidiscipline, pediatric and family based chiropractic care. 

Chiropractic techniques of choice are Thompson, Gonstead and Activator. 

The clinic currently has three office employees.

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 $8,603.00.*There is no rent figured into this amount.

New patients are primarily gained through: 
98% Patient referral
1% Ads
1% MD/Attorney

The practice is:
25% Cash
40% Medicare
33% Insurance
2% Workers Comp

Current office hours are: 
8:00am until 6:00pm Monday, Wednesday and Thursday
8:00am until 2:00pm Friday
7:00am until 10:00am Saturday
The practice is closed on the remaining days.

INCOME: 
2021-$414,242.00
2022- $394,548.00
2023- $379,407.00
3 year average= $396,066.00