This thriving practice has been serving the Vero Beach community for forty years. The clinic is 1200 sq feet,  located in a freestanding stucco building on the water in excellent condition. There is more than adequate parking. The rent on the clinic would be $2,758.00 per month. All equipment and furnishings to be sold with the practice are valued at approximately $11,000.00. The clinic does have EHR w/Eclipse. There is no on-site Xray. Tables are Drop. 

Vero Beach is a small Florida city in Indian River County.  Vero Beach, an elegant city on Florida’s Atlantic Coast, is a haven for golf, water sports, and fishing. This Treasure Coast gem boasts 26 miles of beaches, an uncrowded shoreline, posh resorts, and a sophisticated arts and entertainment scene. Vero Beach has a population of 17,760 and its surrounding Indian River County has a population of 172,323.   

During the last 12 months, this practice averaged 10 new patients per month and 371 monthly office visits. This puts the patient visit average at 37. For the same 12 months the practice averaged $19,880.00 in monthly services rendered and $18,060.00 in monthly collections. This puts the collection percentage at 90%. The average patient visit is $48.00.

All fees are commensurate with others in the area. There are NO receivables figured into any of our formulas.

The owner is wanting to sell in order to relocate out of the country. 

The current owner describes this practice as offering a full range of family based chiropractic care. 

Chiropractic techniques of choice are Diversified, Thompson, and Websters. 

The clinic currently staffs one front desk receptionist.  

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 $5,371.00. 

New patients are primarily gained through: 
10% Ads 
90% Patient referral

The practice is:
50% Cash
50% Medicare (*Patient Pays Office Cash Directly)

Current office hours are: 
9:00am until 5:00pm Monday, Wednesday and Thursday-lunch 12-2. 
The practice is closed on the remaining days.                                                     

INCOME: 
2022- $257,544.00
2023- $256,932.00
2 year average= $257,238.00