Tele-Medicine Platform | 2 Medical Niches| Full Team of Doctors and Staff

Asking Price:
$175,000
Sales:
$148,342
Profit:
$74,757
Year Established:
2023
Multiplier:
2.3x

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SellerForce® presents a promising brand that operates out of 2 unique and valuable medical niches. They are a telemedicine service suite offering multiple tailored services, specifically for patients looking to receive physician signatures on the necessary state and DMV documentation, with the exact service they offer depending on their website.

The first website specializes in obtaining a vehicle handicap placard, while the second provides vehicle window tint exemption. The brand is built for HIPPA compliance, and they work with a medical staffing agency to source medical professionals to streamline the process of obtaining signatures and important documentation.

They have thrived in a single California market and enjoy an Average Order Value of $135. The core demographic for their handicap placard service consists of wealthy Californian men between the ages of 35-60, while their tint service is popular among wealthy Californian and Southern US-based men between the ages of 18-45.

The company’s marketing campaign combines organic tactics and paid advertising for stronger lead generation. Their organic marketing consists of SEO tactics on their sites, social media advertising on platforms like Reddit, and an email campaign that utilizes their 2,000+ subscribers. Their paid advertising includes Google Ads, Meta Ads, distributed flyers around Los Angeles DMVs, and an affiliate program built into their website.

The seller averages 20 hours per week to manage the brand. Daily responsibilities consist of receiving new patient charts and sending them off to doctors, receiving completed charts and returning them to patients, and monitoring their ad campaign.

Additionally, they approve their doctors’ time sheets and pay invoices every month. The brand also employs a part-time general manager to assist with operations. The brand has rapidly grown since its launch, which will provide the new owner with plenty of scale opportunities to work with. The ideal buyer would know their way around digital marketing to promote the usefulness of this acquisition’s services. Doing so could quickly scale this company in a significant way.

A new owner could invest in additional paid ads, utilize the website’s blog functionality for improved SEO, and leverage some user-generated content to grow a social presence for the brand and showcase how they have benefited their clients in the past. Alternatively, the brand would also benefit from adding new services, expanding its suite of services, and potentially adding subscription models for stable recurring revenue.

This up-and-coming deal provides an immensely helpful service to clients, allowing them to get the documentation they need to make life easier for themselves from the comfort of their own homes. In the hands of a savvy buyer, this acquisition could maintain its rapid pace and see its client base surge.

Please contact SellerForce today if you’d like to learn more about this brand from our team of brokers.

 

Listing ID: SF304

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