Another Start Up Question

Started by DoKi12
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DoKi12

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I am currently finishing up my residency in Chicago and interested in starting my own practice. I understand the area is said to be over-saturated; however, I am obligated to stay here and close to family. I also chose podiatry for the autonomy - the ability to one day be my own boss and start a business. (Of course I didn't understand the changes going on in healthcare at the time and the increasing trend for practitioners to join group practices or hospitals).

Ultimately, I am less concerned with salary than with still pursuing this goal of independence, but of course I do want to be successful. So, my questions as I create a business plan and weigh my options are:

What does the average pod gross before overhead expenses (more specifically in Chicago or another urban setting)?

What is considered reasonable/average for monthly rent when leasing a space?

I realize there are many variables when asking these questions, but any input/advice would be greatly appreciated!