Description
Great opportunity to acquire an Independent Medical Examination business (IME) that provides an array of services to insurance companies through professional affiliated subcontractors located around the country. The services supported often involve Worker’s Compensation, Auto Liability, General Liability and Disability claims. The Business is a third party who subcontracts with over 500 experienced Board-Certified physicians within their respective fields, to conduct an examination and provide an expert opinion. The Business has been successfully operated for years and can be run from just about anywhere. The Business has proven to be both Pandemic and inflation proof!
Ideal buyer has some experience in the medical, worker’s compensation or auto liability industry and is seeking a stable business with recurring revenues, long-term clients, and significant upside dependent on buyer’s desire to grow revenues.
Detailed Information:
Business Price: $465,000
2022 Projected Revenues: $936,000
2022 Projected Seller’s Discretionary Income: $225,000
Facilities: The Business is run from the Seller’s home.
Competition: There are plenty of competitors out there but the barrier of entry is high.
Growth & Expansion: The Business has a long-term relationships with clients and medical professionals acting as subcontractors. Significant upside exists with an increase in sales and marketing spend. Growth has been continuous without any website and outbound sales team.
Support & Training: Seller is willing to stay on to assist with support and training depending on buyer’s needs.
Reason for Selling: Retirement
To received the Confidential Package on this business, please complete the attached Non-Disclosure Agreement (NDA) and email to info@firststreetbb.com or fax back to us at 603-501-3241. The location noted on the map below is not correct due to confidentiality.