Chiropractic Business Plan Template
[Updated 2024]

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I. Executive Summary

You can download our Business Plan Template (including a full, customizable financial model) to your computer here.

Business Overview

[Company Name] is a chiropractic practice located in [Location] that focuses on diagnosing and treating patients through general chiropractic care.

Products Served

The Company will provide the following chiropractic services to its patients:

  • General chiropractic care
  • Family chiropractic care
  • Sports and rehabilitation chiropractic care
  • Ancillary services (massage therapy, nutrition and orthotics retail, etc.)

Customer Focus

[Company Name] will serve the community of [company location]. The Company will primarily offer its products and services to

  • Individuals who pay out of pocket
  • Individuals with private insurance
  • Workers’ comp and auto insurance claimants

Management Team

[Company Name] is led by [Founder’s name], who is a [State name]-licensed Chiropractor with xx years’ experience in the industry. While [Founder] has never run a chiropractic clinic himself, he has been a chiropractor for [x] years. During his early career in the chiropractic industry, he worked with the county’s busiest clinic, where he acquired an in-depth knowledge of the day-to-day responsibilities of running a chiropractic practice. Additionally, he enjoyed a mentorship under the clinic’s owner-chiropractor, learning how to manage and run a successful chiropractic practice before starting [Company name].

Success Factors

[Company Name] is qualified to succeed due to the following reasons:

  • There is currently a high demand for Chiropractic care in the community. In addition, Dr. [founder] has built a strong client base, most of whom have indicated they will follow him to the new practice.
  • There has been significant growth in the chiropractic industry over the past few years.
  • The management team has a very warm approach and has a track record of success in the chiropractic industry.
  • The chiropractic care market is expected to witness considerable growth due to the increasing prevalence of spine disorders and chronic pain.

Financial Highlights

[Company Name] is currently seeking $325,000 to launch its Chiropractic clinic. Specifically, these funds will be used as follows:

  • Center design/build: $200,000
  • Working capital: $125,000 to pay for marketing, salaries, and lease costs until [Company Name] reaches break-even

Top line projections over the next five years are as follows:

Financial SummaryFY 1FY 2FY 3FY 4FY 5
Revenue$560,401 $782,152 $1,069,331 $1,379,434 $1,699,644
Total Expenses$328,233 $391,429 $552,149 $696,577 $776,687
EBITDA$232,168 $390,722 $517,182 $682,858 $922,956
Depreciation$7,000 $7,000 $7,000 $7,000 $7,000
EBIT$225,168 $383,722 $510,182 $675,858 $915,956
Interest$6,016 $5,264 $4,512 $3,760 $3,008
Pre Tax Income$219,152 $378,458 $505,670 $672,098 $912,948
Income Tax Expense$76,703 $132,460 $176,985 $235,234 $319,532
Net Income$142,449 $245,998 $328,686 $436,864 $593,416
Net Profit Margin25%31%31%32%35%
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