Annual Revenue: $6,500,000
Net Cash Flow: $3,400,000
Industry: Health Care
Location: New Jersey
This business has an accepted offer. Please view our other Healthcare Companies for sale.
This extremely profitable Anti-Aging and Age Management practice provides alternative and functional medical services for men and women to help fight the signs and symptoms of aging. Preventive Age management medicine is the treatment of age-related medical conditions such as hormone decline as well as the symptoms associated with menopause in women and andropause in men.
The financials strongly support its proven marketing model’s success as Q1 2023 financials report that YOY revenue has doubled. The company’s historical numbers will also support its growth YOY in this explosive industry. In 2022 revenue averaged $4.7m with a cash flow of $2.4m, while in 2023, revenue averaged $6.5m with a cash flow of $3.4m.
The practice has moved into a brand-new, larger state-of-the-art facility to help support its growth. The seller provides its services from 2 locations.
Some of the customized anti-aging services also include Gains wave treatments, in addition to weight loss.
This company generates significant revenue from automated recurring/installment-based treatment programs, uses similarly priced initial visits, and incorporates services into treatment plans that patients pay for through recurring installments. This makes revenue more predictable, increases loyalty to the practice, and is a premium brand in their respective market.
The company’s great business model, with a proven process of sustainability, generates, on average, 50 new patients a month. There are currently close to 1,000 patients generating recurring revenue for this practice, along with a few hundred “a la carte” patients.
The seller has strategically positioned this sale with a team of professionals (N/P’s, DR) for accelerated growth as the financials validate this proven process of obtaining new patients, all with recurring income.