This successful practice has been serving the Reno Nevada community for the past thirty seven years. The 1,100 sq. ft. clinic is located in a professional building in good condition with adequate parking. The rent on the clinic would be $3,000.00 per month. All equipment and furnishings to be sold with the practice are valued at approximately $56,630.00. The clinic does  have EHR w/ACOM. There is on-site digital Xray. Tables are Drop.

Reno is a town located in Washoe County Nevada. Reno may be known as the Biggest Little City in the World, it’s no small town. You can live downtown or in MidTown and walk to both areas.

There is culture and activity in a very centralized location. It’s a tight-knit, upscale community that attracts families and high-profile individuals. Reno has a population of 250,903 with 464,182 in the surrounding Washoe County. Salt  All this makes Reno Nevada a fantastic place to live, work and raise a family.

During the last 12 months, this practice averaged 13 new patients per month and 249 monthly office visits. This puts the patient visit average at 19. For the same 12 months the practice averaged $14,357.00 in monthly services rendered and $12,948.00 in monthly collections. This puts the collection percentage at 90%. The average patient visit is $55.00.

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.



The current doctor describes this practice as offering a full range of family based chiropractic care, massage and sports injury services.

Chiropractic techniques of choice are Full Spine, Thompson/Pierce, CBP,  Upper Cervical/Atlas Orthogonal and Extremity Adjusting.

The clinic does not currently have any employees.  The doctor’s wife is the office manager. 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 $3,403.00. Most likely $1800.00/month will be added for a front desk receptionist.

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

The practice is: 
   
63% Cash
   
7% Personal Injury
   
15% Medicare
      
10% HMO/PPO

5% Workers Comp    
The doctor participate in most local 
insurance programs.

Current office hours are: 

8:30am until 4:30pm Mondays, Tuesdays and Thursdays- lunch from 12:30-1:30pm.
8:00am until noon Wednesdays
The practice is closed on the remaining days.

INCOME:
2020 – $157,000.00
2021- $179,500.00
2022- $155,374.00
3 year average= $163,958.00