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411 University St, Seattle

St. Francisville Louisiana : Asking $160,000.00

*Banner Numbers Below Are For 2022

St. Francisville Louisiana

About The Practice*THE FOLLOWING PRACTICE INFORMATION WAS SUPPLIED APRIL 2023.

This successful practice has been serving the St. Francisville Louisiana community for the past twenty five years w/this owner for eight years. The 1920 sq. ft. clinic is located in a professional center in good condition with adequate parking. The rent on the clinic would be $2,516.00 per month. All equipment and furnishings to be sold with the practice are valued at approximately $46,255.00. The clinic has JaneApp. There is on site digital X Ray. Tables are Bench, and HiLo.

St. Francisville is a town in and the parish seat of, West Feliciana Parish, Louisiana. Located 30 miles north of Baton Rouge, in West Feliciana Parish.  St. Francisville is a small southern town with a big personality. St. Francisville is a town filled with natural beauty, history and charm.  St. Francisville has a population of 1609 with 15,214 in the surrounding West Feliciana Parish. 

During 2022, this practice averaged 11 new patients per month and 275 monthly office visits. For the same 12 months the practice averaged $24,376.00 in monthly services rendered and $21,843.00 in monthly collections. That puts the collection average at 90%. The average patient visit is $88.00.

The current doctor wishes to retire in order to spend more time with family and focus on a clinic in a neighboring state.

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 family based chiropractic care w/wellness programs.

Chiropractic technique of choice is Activator.

The clinic currently employs one office manager  that also does the billing and is the chiropractic assistant. 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 $6,954.00.

New patients are primarily gained through:
80% Patient Referrals

15% MD/Attorney Referrals
5% Ads

The practice is approximately:
40% Major Medical
40% Cash
15% Medicare
5% Personal Injury
The doctor participate in most local 
insurance programs.

Current office hours are:
8am to 5pm Mondays, Wednesdays and Thursdays: Lunch form 1pm-2pm.
Tuesdays and Fridays, office manager only.
The practice is closed on the remaining days.

INCOME:
2020- $196,989.00
2021- $226,770.00
2022- $248,791.00
3 year average= $224,183.00

*The numbers in this practice analysis have not been subjected to an audit, but have been furnished entirely by the seller. Premier Practice Consultants, LLC., for evaluation consulting, does not accept liability for accuracy.