Prescription Assistance Platform with 100% Recurring Revenue
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Project Rx is a leader in the prescription assistance industry. They identify pharmaceutical company sponsored programs that make prescription medications more affordable, and facilitate the application and approval process for clients to participate in these life saving programs.
The Company generated $755k in Trailing 24 Month Adjusted EBITDA on $1.92M in recurring Trailing 24 Month Revenue yielding a 41% Adjusted EBITDA margin.
The Company employs 13 highly-trained staff with 11 fully remote employees and 2 hybrid employees. Significant workflow automation has been developed in SalesForce to reduce costs and increase efficiency, with additional opportunities remaining to be implemented.
The Company spends very little on advertising due to high demand for its services. Marketing is entirely organic traffic and word-of-mouth.
The Company is well-positioned for additional growth and does not service 100% of the current incoming demand due to throughput constraints.
The Company generated $755k in Trailing 24 Month Adjusted EBITDA on $1.92M in recurring Trailing 24 Month Revenue yielding a 41% Adjusted EBITDA margin.
The Company employs 13 highly-trained staff with 11 fully remote employees and 2 hybrid employees. Significant workflow automation has been developed in SalesForce to reduce costs and increase efficiency, with additional opportunities remaining to be implemented.
The Company spends very little on advertising due to high demand for its services. Marketing is entirely organic traffic and word-of-mouth.
The Company is well-positioned for additional growth and does not service 100% of the current incoming demand due to throughput constraints.
About the Business
- Years in Operation
- 17
- Employees
- 13 Full-time
Tenured professional team - Currently Relocatable
- Yes
- Facilities & Assets
- Fully online and relocatable
- Market Outlook / Competition
- Unique in it's space with recurring revenue.
About the Sale
- Transition Support
- Customary and reasonable transition will be provided.
Listing Info
- ID
- 2476593
- Listing Views
- 29
Listing ID: 2476593 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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