This business is a one-of-a-kind, on-line educational firm for physicians to learn how to help lawyers help injured people get better insurance settlements. It is an ideal business opportunity for acquisition by any individual or group.

It’s now a one-person firm that has proven that the market demand is there. The current owner, working alone, has already trained over 1,800 physicians in a short business history. Staffed with appropriate medical personnel, any investor/owner could buy this firm and take advantage of what is a giant national market of insurance settlements in personal injury and Workers Compensation cases. The business, however, is priced appropriately for its current small size. The fact that it can be grown to be much larger is a bonus.

This is NOT expert witness training. 80% to 90% of today’s personal injury claimants settle with insurers, requiring only the need for medical consulting, not expert witnesses to testify at a trial. This company can train almost any type of licensed physician to do this work. Most doctors already know enough medicine, actually like the investigative work involved, and are already familiar with helping patients in a clinical setting. The acquirer can be a doctor, or can employ doctors.

Most doctors today are employed by large corporations. The days of small private practices are over. Many doctors typically now seek part-time, non-clinical work. To find out that they can simply be pre-litigation / pre-trial consultants to local plaintiff and claimant attorneys is often interesting to them. It immediately gives them an excellent money-making side gig, as well as a satisfying way into eventual retirement to continue to help injured people get the help they need and deserve.

This training provides doctors with business systems, better familiarity with the ins and outs of insurance settlements, back-office tools they need to do the work, as well as individual mentoring. The current owner, a physician himself, has gained a national reputation for his work. As many as 200 of his trainees are still active, and might be interested in some type of national firm. A licensed physician is required for the training and mentoring, but the acquiring entity can be any firm. The business can be scaled to the comfort level of the acquirer.

The current owner is now retiring, but will train a new owner. The firm also employs several younger social media and marketing consultants as independent contractors, who are willing to continue to work for a new owner.

At the proposed pricing structure, a buyer will need $500,000 cash at closing: $475,000 for the proposed down payment, but only about $25,000 (+/-) in working capital. The buyer will then be assuming a seller note of $575,000 at 7% annual interest, with a 10-year term, but with a 3-year balloon payment due so that the buyer may refinance the business at that time.

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