Annual Revenue: $891,000
Net Cash Flow: $533,000
Industry: Health Care
Location: Lake County, Illinois
Well-established virtual medical practice for over 30 years with two physicians (including the owner). — Approximately 1,987 patients (mostly over 55 y.o.) who pay with Medicare.
Very low overhead and 8 (3rd party) nurses who answer phone calls.
2022 and 2023 will exceed 2021 revenue. — Further growth opportunities can easily be achieved by implementing a website, adding more physicians, and expanding beyond the Chicago area.
Reason For Sale:
The owner is retiring.
Training & Support:
The owner will stay on for an agreed amount of time to ensure a smooth transition.
Very low competition.
Huge growth potential especially if advertising/marketing and a website are implemented.