Medical Services Company In Oklahoma For Sale

Business description

This is an uncommon opportunity to own a medical service business that is always in demand. Their customers are existing or new customer applicants of numerous major insurance companies. They provide phone interviews, as well as on-site collection of information and specimen material, that may include a paramedical report, EKG’s, blood samples, or other procedures necessary to complete underwriting. The material is then processed according to strict standards, and transmitted to the underwriting department of a given insurance carrier.

Why is this a good business to own? One, this is a well established reputable company (20+ years); Secondly, competition is limited and there is high barriers to entry; Thirdly, over half of the business is referred by the parent company; and four, the majority of the personnel are independent contractors so you don’t have to deal with a large number of employees.

The owner will work with a buyer to learn the business from the ground up if necessary, although the learning curve is expected to be relatively quick. A medical or insurance background of some type would be helpful, but not necessary. This type of company is rarely available to buy, so if you are interested, we suggest that you call or email us now to see if this might be a fit for you.

Property information

Real Estate:

Lease

Location:

The company leases space that provides a comfortable working environment in a desirable area. Buyer will have option to continue in current space or relocate office.

Other information

Expansion potential:

The owner is retirement age and is not in a growth mode. The vast majority of potential referral sources have not been contacted by the owner, and for a buyer willing to make contact and forge referral relationships, there is ample room to grow.

Competition / Market:

Competition is limited and the barrier to entry for competitors is huge.

Support & training:

The Seller is open as far as working with Buyer post-sale to ensure a smooth and successful transition.

Reasons for selling:

Retirement

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Anticipated to qualify for SBA financing. Possible Seller financing as well.