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Online Medical Training Program - High Profit Margin
Location California,United States
Asking Price Range < $250K
Gross Revenues $64000
Net Profit / Cash Flow $33000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2003
Number of Employees 1 - 3
Inventory 14000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training As needed.
Reason for Sale Other business interests.
Description This is not an ongoing SaaS model, however, there are over 1,500 clinics that have made a purchase from the Seller in the past, so a Buyer who is savvy at business development should be able to re-market additional services and training programs to prior clients. Includes 10 different domains, over $110,000.00 in retail value program and training packages as well. All intellectual property is owned by the Seller, and included with the sale. Revenue streams are diverse, and include online training programs, on-site training, directory listings, training supplies and certification testing revenue. At its peak in 2005, this company did $910k in sales as an onsite consulting operation with a max. of 16 employees. '09 sales were $137k, '10 sales were $115k, and the only reason why 2011 and 2012 numbers are low is that the business became a part-time endeavor for the Seller. Rather than just wind things down he has decided to transition the business to new ownership and hopefully a different buyer focused on the brand can restore the business' former sales history. Margins are juicy at 50-75+%, this is a very low-overhead, high net profit enterprise. The content has been created, all that is needed is someone that can focus on sales. Buyers do not need much activity in order to secure their initial investment back quickly. NDA is required to secure preliminary due diligence package on file with Broker.
Facilities:
Home based business, portable nationwide.
Competition/Market Pros and Cons:
There are a few players in this industry, but this represents a turnkey opportunity for someone to focus on business development to expand the brand and revenue.
Growth and Expansion Pros and Cons:Existing database of 4,500 prospects, and 1,500 past satisfied customers to upsell included.
Support/Training:
As needed.
Reasons for Selling:
Other business interests.
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