Overview
About TeleMedical Weight Loss Business
Business Description: Established, highly profitable telemedical company providing customized, healthy weight loss programs nationwide as well as services for ailments not requiring a doctor visit. The Company provides doctor supervised, customized, healthy weight loss programs nationwide. Widespread adoption of telemedicine is lending to an explosive annual growth rate of 56% forecasted for the U.S. telehealth market by 2018.
Distribution: Programs include complimentary consultations with a doctor, nutritionist, and weight loss counselors via secure video and phone. The Company provides prescription medications and proprietary products. Prescriptions are dropped shipped to patients. A robust multi-media marketing strategy is in place, specifically in customer acquisition and retention.
Operational Strengths: The Company operates a 2,000sf office/call center, and has strong supplier relationships with compounding pharmacies. Well-trained, supporting staff of 13 employees and 8 independent contractors including 8 doctors on staff (3 of which are licensed nationwide).
The Transaction: Owner wishes to retire but will stay on if needed. Sales and profits are on a strong upward trajectory. Owner may consider some seller financing.
Financial Summary
2017 Est by Seller
2016
2015
Revenue
$4.2MM
$3.1MM
$2.4MM
Adjusted EBITDA
$985K
$335K
$323K
Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
Western U.S.
Compiled
Yes
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809