Workplace Well-being - Established & Profitable!

Business Overview:

In today's world, holistic wellness reigns supreme. Individuals prioritize their well-being across all life dimensions—mindfulness, fitness, nutrition, mental health, and physical well-being. Purchase a company where a worksite wellness program aligns seamlessly with this societal shift, catering to evolving employee and market demands.

Businesses seek comprehensive solutions to nurture healthy cultures from within. By investing in wellness programs, companies broadcast their dedication to cultivating wellness-driven environments, attracting health-conscious talent, and appealing to wellness-focused consumers.

As a national provider of worksite wellbeing, the company bridges consumer values, employee needs, and organizational objectives, paving the way for a more engaged, satisfied, and, ultimately, more productive workforce.

In a wellness-driven world, this company isn't merely an investment—it's a transformative force that bridges consumer values, employee needs, and organizational triumph. Discover how this company empowers employers to shape a future where wellness is the ultimate currency.Top of Form

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Property Features and Assets:

The company has been leasing 1,275 square feet in the same office space since July 2017. The lease agreement runs on 6-month terms, with the current term set to conclude in May 2024. The rent totals $2,000 monthly, including an initial deposit of $2,000. The company operates on a hybrid model, predominately remote, with the office serving primarily for leadership and employees based in Colorado. The company could be relocated, or the operations could be run remotely. 10 employees work onsite full-time at the client's location(s). 

Market Competition and Expansion:

The worksite wellness industry presents competitive challenges from various players and insurance providers. The company distinguishes itself through a dedicated team of health professionals, remaining neutral toward insurance providers, and focusing on tailored solutions for specific employer needs. Employee wellness programs yield substantial benefits, including reduced healthcare costs by 72%, a six-to-one ROI, and lower absenteeism rates. Maintaining a healthy workforce is crucial for attracting top talent in today's job market. The company has 66 active contracts, impacting nearly 86,000 members across 40 states and boasting a 90% client retention rate. Despite a five-year decline, workplace wellness revenue saw a 1.4% rise to $17.5 billion in 2022, projected to reach $18.2 billion in 2023, mitigating a 7% increase in employer healthcare costs.

Reason for Selling:

Retiring

Additional Details:

Documents:

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