Telehealth (Private Pay Business Model) Growth Opp

Not Disclosed, WA King County

Asking Price: $2,200,000

Annual Revenue: $1,300,000

Services: Medical, Dental

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Telehealth (Private Pay Business Model) Growth Opp

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RE: Telehealth (Private Pay Business Model) Growth Opp
Contact: Andrea Lines

Owner Financing is Available!

The seller will finance a portion of the sale price for a qualified buyer.

Quick Facts

	Asking Price:	$2,200,000
	Annual Revenue:	$1,300,000
	Net Profit:	Not Disclosed
	Cash Flow:	$550,000
	Total Debt:	Not Disclosed
	FF&E:	Not Disclosed
	Real Estate:	Not Disclosed
	Year Established:	Not Disclosed
	Employees:	Not Disclosed
	BBN Listing #:	946467
	Broker Reference #:	TH2024

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Business Overview:

This business is a niche telehealth provider addressing omnipresent needs for individuals, couples, and families in the post pandemic & virtual engagement world. The practice has been in operation for over ten years and was a pioneer in the hybrid telehealth space. The business has grown organically by implementing a unique business model of hiring and developing providers throughout the various stages of their licensure. Negotiated, transferable contracts are in place with multiple well-known educational institutions to address staffing needs fueled by growth. They have also eliminated the hassle and time commitment of dealing with insurance companies by implementing a model of private pay in full prior to scheduling sessions.

This company has been on a growth trajectory with its distinctive take on providing patients with approachable and personalized long-term care via specific training that is provided to the care team. This has resulted in both client and provider retention high above the industry standard. The practice has continued to self-sustain and grow with minimal marketing based mostly on word-of-mouth referrals.

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Property Features and Assets:

The owner currently operates the business remotely and has set the business up to run without executive presence with a full staff of contractors in place. The current make-up of contractors is as follows: Five part time Billing and Administrative Managers, two Licensed Supervisors, 26 Care Providers, and approximately 10 providers currently onboarding.

A significant growth opportunity exists for a next generation owner who can extend the business model into other states or internationally. There is no clinical experience or licensure needed to own this company.

Market Competition and Expansion:

Revenue Up 30% '24 vs. '23 - "23 up $500K vs. '22

Additional Details:

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

Relevant Links:

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