Mansfield – Practice For Sale

Description

Established chiropractic practice in Mansfield, Ohio, is available for purchase as the current doctor prepares for retirement. Serving the
community for more than 30 years, the practice has developed an excellent reputation and a loyal patient base, with many new patients coming through word-of-mouth referrals.

Prime Location
The practice is conveniently located in a busy strip mall anchored by Kroger, Ollie’s, and Ace Hardware, along with several other established
businesses. The high-traffic location provides excellent visibility, accessibility, and convenient parking for patients.
Conveniently located between Columbus and Cleveland, Mansfield is in Richland County, which has a population of approximately 125,000. The area is home to major employers including OhioHealth, Avita Health System, The Ohio National Guard, Charter Next Generation,
Gorman-Rupp, and Newman-Technologies. Mansfield is also home to the iconic Ohio State Reformatory, famously featured in The Shawshank Redemption, as well as the annual Inkcarceration Tattoo & Music Festival, which attracts approximately 30,000 attendees per day
during its three-day event.

Diverse Revenue Base
The practice benefits from a very low overhead and a diverse patient and payer mix, including:
•Cash patients
•Private insurance
•Medicare and Medicaid
•Referrals from several established personal injury attorneys

The practice also has multiple BWC doctors who rent office space to perform independent medical examinations several times per month, providing an additional source of recurring income. Fully Equipped 2,700-Square-Foot Office The approximately 2,700-square-foot office is professionally laid out and equipped for immediate operation. The space includes:
•Large, welcoming waiting room
•Front reception desk
•4 adjusting rooms (Hy-Lo adjusting table, Flexion-distraction table, and 2 pelvic benches)
•Dedicated X-ray suite with digital X-ray imaging through 20/20 Imaging
•Private doctor’s office
•Separate billing office
•3 additional treatment rooms, ideal for massage therapy, acupuncture, rehabilitation, or other complementary services
•Staff kitchen
•Large bathroom
The existing layout provides an incoming doctor with a turnkey operation while also offering ample space to expand services and increase revenue.

Excellent Opportunity for Growth
This is an ideal opportunity for:
•A new chiropractic graduate looking to establish their own practice
•An experienced chiropractor ready to become an owner
•An existing doctor looking to expand with a satellite location

There is significant potential for growth by adding services such as massage therapy, rehabilitation, acupuncture, physical therapy, or other wellness services.

The current doctor is willing to remain with the practice for a transition period to help ensure a smooth transfer of patients, operations, and
relationships.

A Rare Turnkey Opportunity
After more than three decades of serving the Mansfield community, this established practice offers a rare opportunity to acquire a well-established, reputable, low-overhead chiropractic business with a strong referral base, diverse revenue streams, a fully equipped facility, and substantial room for future growth.