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 nearly 10 years and can be run from just about anywhere.
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.
Business Price: $465,000
2021 Revenues: $745,000
2021 Seller’s Discretionary Income: $158,000
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.
Support & Training: Seller is willing to assist in support and training.
Reason for Selling: Retirement
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