Medical Examination Biz with Protected Territories

Altamonte Springs, FL
Seminole County

Located in a professional office building.


Asking Price: Annual Revenue:
$695,000 $699,928

Services: Medical, Dental


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RE: Medical Examination Biz with Protected Territories Broker: Carey Sobel

Quick Facts

Asking Price: $695,000
Annual Revenue: $699,928
Net Profit: Not Disclosed
Cash Flow: $211,948
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 1991
Employees: 22
BBN Listing #: 313635435
Broker Reference #: 4110-00289

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Business Overview:

Owned for 17+ years by the same owner, this is a unique service-based business with an exclusive agreement securing 5 large counties in Central Florida to administer paramedical exam services for life, disability, group and health insurances.

Insurance companies are billed directly and net sales (approx. 20-22%) are provided to the company. Business comes in from independent agents and brokerages with existing relationships and directly from insurance companies that order on behalf of insurance agents. The company averages approximately 1,000 cases per month.

The business is run with 2 FTE’s and 18-20 independent contractor field technicians. This is a turn-key operation and perfect for an owner/operator; from an entrepreneur looking for a bolt-on, to a sales-focused individual looking to ‘leave corporate’ and run their own business. There are several opportunities to increase sales and grow the business behind an (almost) 50 year old company and the largest of its kind in the US.

Financing Scenario
Down Payment: $77,200 | Working Capital: $50,000 | Loan Cost: $14,000 | Closing Cost: $13,000 | Mos: 120 | Rate: 6.25%
BBF # 4110-00289

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Property Features and Assets:

Lease/Month: $2,720 | Square Footage: 1,400 | Building Type: Office Bldg | Terms & Options: Negotiable | Expiration Date: 9/30/2022

Reason for Selling:

Consolidation, Other Business Interest

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

Documents:

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