Business Summary

Established Chiropractic Medical Practice

Southeast Florida practice established for 30 years.
Excellent location on a busy traffic artery.
Shared office space of 1700 sq. ft. to minimize overhead. Prime Lease held by Seller.
Common reception area and receptionist. CA, X-Ray room w/automatic processor, low tech therapy area with 2 massage chairs, and private office.
Dedicated massage room, 2 adjusting rooms, consult/diagnostic testing room.
Employee and patient restrooms.
Fully-equipped, including: Insight Millenium 5 tool system (Subluxation Station), electric stimulation and ultrasound units, PowerVibe vibraplate unit, electric lift adjusting tables with closed reduction/distraction and drop cervical and lumbar pieces, Quik-Notes laser barcode note-taking system. Orthotics measurement system.
Gross collections averaging $224,000 last three years.
Practice breakdown: 10% MediCare, 40% Private Pay, 20% PIP, and the balance Major Medical insurance.
Selling Doctor will stay for smooth transition (90-180 days) including all introductions to attorneys, business associates, business networking clubs, and key vendors. Seller wants you to succeed and grow the practice to its true potential! (Represented net income reflects an owner-physician working in the practice.)

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