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- 17 May 2024 - Online Biz Acquisition Opps
17 May 2024 - Online Biz Acquisition Opps
Who's ready to get into the Telehealth business?
I know, I know it has only been a day but these ones are better than yesterday.
Jump into it!
Tech Enabled Lending Brokerage w/Proprietary Software
💰 Asking Price: $1,750,000
💼 Cash Flow: $522,000
📊 Gross Revenue: $829,000
📅 Established: 2017
This business caters to highly valuable data in the finance space, providing a solid competitive advantage over basic lead generation. Established in 2017 but launched in December 2022, it makes me wonder if it was in development for five years.
The positive cash flow was established quickly for a SAAS, and they've already funded over $850 million in loans—impressive! Their proprietary software automates front-end underwriting and lender matching for various loan types, achieving a 95% match rate. The AI scans financial statements and tax returns, reducing loan application time by 80% and shifting focus from data input to business development.
The business does currently operate from an office in Los Angeles… but WHY? I don’t see the office as a necessity, and sure the employees don’t like coming in daily. I’m confident this could go fully remote.
RV (Recreational Vehicle) Blog, Content Site
💰 Asking Price: $1,600,000
💼 Cash Flow: $406,979
📅 Established: 2012
I'm not usually a fan of content sites, but this one seems to be a very robust brand with a podcast, newsletter, Facebook group, and active social channels. Time-tested since 2012, it has established itself as a premier authority in the RV market.
The owner is planning for retirement, which might indicate some low-hanging fruit. Retirees often miss out on the latest digital trends and business best practices, presenting opportunities for quick improvements and growth.
This site boasts a loyal and engaged community of over 300,000, a 70,000+ email list, and multiple revenue streams. The full team, including content and operations, will transfer with the sale, ensuring a smooth transition. There’s significant growth potential, from scaling the current content business to exploring partnerships or equity ownership in RV-related apps, services, and products.
For someone looking to invest in a strong, well-established content site, this RV blog offers a unique opportunity with a dedicated audience and diverse revenue streams.
Telehealth Services (Private Pay Business Model)
💰 Asking Price: $2,200,000
💼 Cash Flow: $550,000
📊 Gross Revenue: $1,300,000
📅 Established: 2014
Telehealth is a rapidly growing market, and this business has seen impressive growth, with revenue up 30% in 2024 compared to 2023. The transferable contracts with educational institutions are a significant asset, though securing such contracts can be challenging. The private pay model ensures cash revenue upfront, avoiding the hassle of dealing with insurance companies.
This business has a full staff, including billing and administrative managers, two licensed supervisors, and 26 care providers. It seems they might be offering services like prescription writing based on questionnaires rather than virtual doctor visits. Interestingly, no clinical experience or licensure is needed to own this company, making it accessible to a wide range of buyers.
While it operates remotely with minimal owner involvement, I'd be curious about the specific services offered, given the large number of care providers who aren't doctors. It could be a goldmine for someone with the right expertise, but I'd want to dig deeper into the admin staff's effectiveness and the seller's actual involvement.
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