Online Continuing Education Portal for Mental Health Providers

Jo Daviess County, IL

Seller Financing Available

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Asking Price:$400,000
Gross Revenue:$87,000
Cash Flow:$58,000
Established Year:1992
BUSINESS DESCRIPTION

Presented for sale is a rare opportunity to acquire a longstanding, highly regarded online continuing education portal providing state certified continuing education for mental health providers. This business produces lively, diverse and entertaining programs which it sells to aggregators and individual mental health providers. These programs have a useful life of at least 5 years, and once produced, create a reliable, annuity-like recurring revenue stream. For personal reasons the owner has stepped back from the business and has not produced new content in the last year. Significant growth and profit potential to the new owner willing to roll up their sleeves and produce new programs. While the owner is currently in Chicago, the business can be conducted from anywhere. Seller is willing to provide seller financing for a portion of the purchase price.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Competition
The market for continuing education for mental health providers is highly competitive, with a diverse range of providers offering a variety of programs and services to meet the needs of mental health professionals. One of the key factors that drives competition in this market is the need for mental health professionals to maintain their licenses and certifications by completing continuing education requirements. As a result, providers must offer high-quality courses that are accredited and recognized by licensing boards and professional organizations.
Growth & Expansion
For personal reasons, the owner has not been producing new programs, which are the main revenue generators of the business. New content and new forms of content will expand the business exponentially.
Support & Training
Owner will provide two weeks of transition support and training at no additional charge
Reason for Selling
Retirement
Home-Based
This business is Home-Based
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Steve
Tsoris
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Steve Tsoris