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Dental Insurance Agency
This Tennessee based business sells dental, optical, hearing aid, and pharmaceutical insurance. These services represent needs in the market place that are not being filled by traditional indemnity insurance carriers at an affordable price. In 2000, statistics showed that one out of three families in the United States do not have dental coverage available to them by their employers at an affordable rate. This company employs 5 Sales Representatives that target companies primarily over the phone. Currently, there are over 4,450 active membership plans in place. The majority of membership plans are automatically renewed on a monthly basis by automatically drafting the bank accounts of participating members. This automatic renewal greatly impacts customer retention and virtually eliminates receivables.
Revenue: $436,191
Asking Price: $656,000
Dental Insurance Agency
This Tennessee based business sells dental, optical, hearing aid, and pharmaceutical insurance. These services represent needs in the market place that are not being filled by traditional indemnity insurance carriers at an affordable price. In 2000, statistics showed that one out of three families in the United States do not have dental coverage available to them by their employers at an affordable rate. This company employs 5 Sales Representatives that target companies primarily over the phone. Currently, there are over 4,450 active membership plans in place. The majority of membership plans are automatically renewed on a monthly basis by automatically drafting the bank accounts of participating members. This automatic renewal greatly impacts customer retention and virtually eliminates receivables.
Revenue: $436,191
Asking Price: $656,000
Medical Billing
This medical billing service is a mid-atlantic based provider of full service billing for small to mid sized practices primarily within a 45 minute drive of their office. Billing is provided for 45 medical practices. The company has a strong management group and loyal employees. Clients are stable with the longest contract dating to 1995. They provide billing for various specialties including family medicine, internal medicine, mental health, otolaryngology, gynecology, dermatology, pain management, and others. The largest practice contributes approximately 5% of monthly revenue, so the company is not dependent on a few clients.
Revenue: $1,316,000
Asking Price: $1,500,000
Medical Product Testing and Selling - Mid West
Founded more than 20 years ago, this Midwest based business provides medical device manufacturers with a complete line of medical product testing services. In addition, the company sells a line of growth promotion test suspensions under its registered trademark for use by microbiologists who work with media in a commercial or research laboratory
Revenue: 830,000
Medical Vocational School - Los Angeles Area
Eleven-year-old vocational school with 80 students and all of the right medical assistance programs has it all. Certified Nurse�s Assistant, EASL, Medical Assistant, Sonography, Medical Secretary programs attract students from all over the world. This very profitable school currently relies on very little government money. But it should receive its Federal Accreditation from COE by Fall of 2004. Title 4 grants will follow. It has already been a candidate for three months. Once Title 4 grants are available, �the sky�s the limit�! Currently most of the students pay their own way using available private financial assistance. Insurance covers many other students. Strategically located in the center of immigrant neighborhoods, the campus is located close to three freeways as well as public transportation. All classes are taught in English (EASL program is available). The school has a morning and an evening session leaving an afternoon session available for significant expansion. The school�s director is selling because of a major opportunity that he is committed to pursue. He realizes that he can�t do both. The business of education is one of the most rewarding and admired professions available.
Revenue: $1,300,000
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