Business Description
For sale is 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 buyer, and no special licenses or skillsets are needed to own the business successfully. The seller is willing to exit completely or retain equity and help the buyer grow the business.
| 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 |