Wonderful Wellness Practice For Sale in Monument, CO
Vibrant Wellness Practice consisting of 100% wellness-minded patients that truly "GET" ChiropracTIC. We are also 100% cash, which means NO insurance headaches or nightmares on collections. What we collect comes in EVERY single month…consistently…mostly on auto-debit. This truly is a turn-key wellness practice focused on Chiropractic and family wellness programs for LIFE! When patients understand what we do…they stay, pay and refer others.
We also do some Functional Medicine for the ones that desire more (Detox, Weight-Loss, Disease reversal, etc). We are a husband/wife combo. One doc is Gonstead and the other is more Diversified. We do a little ART as we see lots of athletes (gymnasts, Ultra Runners, etc.). But I'd say it's primarily osseous adjusting. There are two ArthroStim units, one in each adjusting bay.
Marketing Overhead: $0
A/R: $0 (we collect up-front)
Advertising Costs: $0
100% Direct patient Referrals! Ave. is about 12-15 referrals per month, and when cash-paying patients refer their friends and family in, those referrals also pay cash.
Low overhead…high collections
We have ZERO business liens. Our almost brand new (3 yrs old) DR Digital X-Ray system is bought and paid for. We are a paperless office as well, with our software being online through a secure server (ChiroFusion).
In the office occupying about 50% of the clinic is a beautiful yoga studio that we built out when we designed the space. Office is about 1,500 total sq. ft.
There is about $70K-$80K just in equipment (about $42,000 in digital X-Ray). Two adjusting tables, 2 ArthroStims, flat-screen in ROF room to review x-rays on large monitor, fully equipped yoga studio with mats, blocks, towels, blankets, etc. Having started two clinics, I can tell you that you can do it for less, but then you start out with nothing coming in. Buying a practice is a lot easier and less stressful. We had the financial means when we moved here to take our time and start from scratch, so that's what we did. Plus, there were no practices for sale in our town when we moved here.
Currently the head doc (husband) is in the clinic about 18 hours per week, seeing about 120-140 PV's per week.
The other doc (wife) is in the clinic maybe 12-14 hours per week and sees maybe 25-40 PV's per week depending on spill-over.
We collected $180K+ last year on low over-head of roughly
