Business Description
For sale is 75% of a 4-year-old company specializing in brain testing for individuals involved in auto accidents, focusing on diagnosing concussions and other traumatic brain injuries. It operates as a third-party diagnostic solution, collaborating with medical providers and attorneys to deliver independent, objective analyses that establish the direct correlation between a patient’s recent injuries and a traumatic brain injury or concussion diagnosis. Their services enhance the value of auto injury and work-related claims by providing accurate diagnoses and determining the causation of traumatic brain injuries using five different diagnostic platforms.
The business’s revenue model is based on referrals, with nearly 80% of clients coming from medical providers and the remaining 20% from attorneys. This model has proven to be stable and has the potential for growth. Additionally, one contract exists with a referral network group, further enhancing the business’s revenue stream. The average revenue per patient is $1,500. There are 6 employees staying with the company, and no special licenses or skillsets are needed to own the business successfully.
| 2021 | 2022 | 2023 | Jan thru Aug 2024 | 2024 Forecast | |
| Revenue | $247,838 | $1,233,012 | $2,134,563 | $1,613,047 | $2,419,571 |
| Earnings | $100,408 | $666,896 | $1,202,500 | $745,641 | $1,118,462 |