Longevity Practice Opening Checklist

Free download · 2-page opening checklist

Longevity Practice Opening Checklist

How much does it cost to open a longevity practice?

Opening runs from under $10,000 to more than $1 million, and we put every line to budget on a two-page checklist.

I am a physician (MD, DO, or MBBS)

An educational self-assessment tool for clinicians and practice leaders. It is not a certification or accreditation standard, legal or medical advice, or a substitute for clinical judgment, applicable law, professional standards, and jurisdiction-specific counsel. We use your email to send the checklist and occasional email from longevitydocs. Unsubscribe anytime.

Opening a longevity practice

How much does it cost to open a longevity practice?

Depending on the model, opening runs from under $10,000 to more than $1 million. Most of that difference is real estate and equipment.

What are the four levels of opening a longevity practice?

Level 0, the lean start, runs under $10,000. Level 1, virtual practice, runs $30,000 to $75,000. Level 2, in-person practice, runs $175,000 to $450,000. Level 3, state-of-the-art clinic, runs $1 million to $2.5 million. The figures are planning estimates for a major US metro, where most of our US readers practice. Adjust them to your own practice and region, and get quotes before you commit.

How much cash does a longevity practice need before it pays for itself?

Opening costs end on day one. Overhead does not. At 8 to 10 new members a month paying $10,000 a year, revenue covers overhead after about 7 months, and your target pay after 12 to 15. The gap until then: about $130,000 for overhead alone, closer to $500,000 if you pay yourself.

What is in the opening checklist?

Two pages, one for a virtual practice and one for a brick and mortar practice, with every line to budget on each: one-time costs on the left, monthly costs on the right, each marked must-have or nice-to-have.

Read the full issue: The Cost of Opening a Longevity Practice