This practice has been serving the Stamford Connecticut community for the past forty six  years. The 1,200sq. ft. clinic is located in a professional building center in excellent condition with adequate parking. The rent on the clinic would be $4,300.00 per month.  This clinic enjoys five star reviews. All equipment and furnishings to be sold with the practice are valued at approximately $22,000.00. The clinic has EHR with Forte 8000. There is on site digital X Ray. Tables are Bench, Drop, HiLo and Flex/Distraction.  

Stamford is a city in Fairfield County, Connecticut on the Long Island Sound. This upscale-affluent quaint New England community is often considered a suburb of NYC, being about 35 miles from Midtown Manhattan. Stamford Connecticut has a population of 136,480 with 943,823 in the surrounding Fairfield County.  

During the last 12 months, this practice averaged 34 new patients per month and 1,138 monthly office visits. This puts the patient visit average at 34. For the same 12 months the practice averaged $83,590.00 in monthly services rendered and $58,222.00 in monthly collections. This puts the collection percentage at 70%. The average patient visit is $50.00.

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 chiropractic care. 

The current doctor wishes to sell in order to retire.

The chiropractic technique of choice is Diversified, Graston, SOT, HIO, and Dry Needling. 

The clinic currently staffs one office manager, one front desk assistant, two chiropractic assistants and one bookkeeper .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 $20,100.00. 


New patients are primarily gained through:
75% Patient referrals  
5% MD/Attorney referrals
20% Ads

The practice is: 
   
5% Cash
30% Medicare
             
5% Personal Injury
60% Insurance
The doctor participates with most local 
insurance programs.

Current office hours are: 

7:00am to 6:30pm Monday and Wednesday-lunch 1-2
9:00am to 6:30pm Tuesday – lunch 1-2
7:00am to 4:00pm Thursday- lunch 1-2 
7:00am to 5:30pm Friday- lunch 1-2
8:00am to 11:00am Saturday

INCOME:
2022- $736,954.00
2023 – $743,557.00
2024 Projected- $675,555.00
3 year average= $718,689.00