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411 University St, Seattle

Sun City Center Florida: A Tampa Suburb

Asking $100,000.00

*Banner Numbers Below Are For August 2023 to July 2024

Sun City Center Florida Chiropractic Practice For Sale

*Some information was supplied on August 2024

This practice has been serving the Sun City Center community for thirty nine years. The 1450 sq. ft. clinic is located in a professional building center with adequate parking. The rent on the clinic would be $4,400.00 per month. All equipment, supplies and furnishings to be sold with the practice are valued at approximately $45,000.00. The clinic does have EHR w/Genius Solutions. There is no on-site Xray. Tables are Drop, Decompression and Flexion/Distraction. There is Akron Rehab w/FCE Platform. The technology, server , tablets and computers are between 3-6 years of age. The website is hosted by GoDaddy.

Sun City Center is in southern Hillsborough County, Florida, United States. It is located south of Tampa and north of Sarasota. Sun City Center – America’s Premier 55+ Community. Sun City Center has a population of  30,962,  with 1,557,655 in the surrounding Hillsborough County.

During the last 12 months, this practice averaged 20 new patients per month and 226 monthly office visits. This puts the patient visit average at 12. For the same 12 months the practice averaged $28,183.00 in monthly services rendered and $12,252.00 in monthly collections. This puts the collection percentage at 44%. The average patient visit is $55.00. 

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

The owner is wanting to sell in order to retire.

The current owner describes this practice as offering a full range of chiropractic care along with massage. 

Chiropractic techniques of choice are Diversified, Thompson, Cox and Activator. 

The clinic currently staffs one front desk assistant that is also the massage therapist.

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 $8,417.00.

New patients are primarily gained through: 
80% Patient referral
20% Ads

The practice is:
9% Cash
35% Insurance
31% Medicare
24% Veterans Admin
1% Workers Comp

Current office hours are: 
8:00am until 6:00pm Monday & Wednesday & Friday
8:00am until 4:00pm on Fridays.
The practice is closed on the remaining days. 

INCOME:
2022- $143,446.00
2023- $143,000.00
2024 projected- $145,942.00
3 year average= $144,130.00


Disclaimer:  Premier Practice Consultants is strictly a consultant/representative. All the information provided for any practice has not been subject to an audit. All information has been furnished entirely by the seller. It is solely the responsibility of a buyer to seek professional, legal or financial advice to confirm any information provided. Premier Practice Consultants, LLC., is a consultant and does not accept any liability for accuracy.