This practice has been serving the Venice Florida community for the past nine years. The 700sq. ft. clinic is located in a professional building in good condition with adequate parking. The rent on the clinic would be $1,508.00 per month.  All equipment and furnishings to be sold with the practice are valued at approximately $6,150.00. The clinic has EHR with EZNotes and Eclipse. There is no on site digital X Ray. Tables are Power Leander Drop. 

Venice is a city in Sarasota County, Florida. Known for its world class beaches, a quaint Venice downtown area, plenty of restaurants, many walking and biking trails and dozens of parks. There are plenty of recreational activities to enjoy like fishing, kayaking, and much more. Venice has a population of 26, 407 with 444,918 in the surrounding Sarasota County. Florida is one of the most business friendly states-which is one of many reasons this area is seeing enormous growth. All this makes Venice Florida a fantastic place to live, work and raise a family.

During the last 12 months, this practice averaged 12 new patients per month and 233 monthly office visits. This puts the patient visit average at 19. For the same 12 months the practice averaged $24,272.00 in monthly services rendered and $14,389.00 in monthly collections. This puts the collection percentage at 52%. The average patient visit is $25.

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 chiropractic care.

The current doctor wishes to sell in order to retire.


The chiropractic technique of choice is Activator, manual stretch and hands on muscle testing manual. 

The clinic currently staffs one office manager and two front desk employees. 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. 

*Office manager is the owner’s wife and will not transfer with the practice, but will train a new office manager.

The average monthly overhead is approximately $4,500.00. 

New patients are primarily gained through:
40% Patient referrals 
50% Virtual Ads
10% MD/Attorney

The practice is: 
   
30% Medicare
             
5% Personal Injury
30% Major Med
35% Cash
The doctor participates with most local 
insurance programs.

Current office hours are: 

9:30am to 5:00pm Monday and Wednesday (Lunch from 1:30pm to 2:30pm).
9:30am to 4:00pm Friday (Lunch from 1:30pm to 2:00pm).
The practice is closed on the remaining days.

INCOME:
2021- $190,412.00
2022- $162,565.00
2023 projected (Jan-Oct 2023)- $176,676.00
3 year average= $176,551.00