Telehealth Weight Loss Platform: 80% Growth, 50% Margin

Founded in 2022 by two emergency physicians, the company leverages telehealth technology to offer accessible weight loss solutions over the internet, eliminating geographical barriers for patients. The company connects patients with healthcare professionals across Georgia and Texas, providing personalized weight loss solutions via virtual consultations. Patients benefit from direct communication with healthcare providers, access to educational resources on nutrition and lifestyle modifications, and regular check-ins to address concerns and celebrate milestones.

Its efficient, Physician assistant-driven operational model requires minimal oversight from the owners (1-2 hours per week), offering a turnkey operation with significant growth and scalability potential. The company’s evidence-based approach led to approximately 80% year-to-date revenue growth as of August 2024 compared to the same period in 2023, with over 50% EBITDA margins in its second year of business.

Clients: The company maintains a 106% net retention rate, indicating strong customer satisfaction. The company has served over 400 clients.

Customer Acquisition: The company primarily sources clients through patient referrals and partnerships with primary care physicians. Satisfied patients drive word-of-mouth growth, while physician partnerships provide a steady stream of referrals from trusted medical professionals. The company has grown without active marketing, presenting a significant opportunity to expand
through targeted digital marketing and collaborations with health influencers.

Reason for Selling: The owners are seeking to sell the business primarily due to time constraints. Both are full-time physicians with young families, making it difficult to focus on the company’s expansion despite its significant growth potential. They are looking for a buyer who can leverage the business’s existing success and capitalize on future opportunities.

Financials: The company reached run-rate revenues of $1M with over 50% EBITDA margins. With an expanding customer base and high net retention, it is projected to reach $1.8M revenues with approximately 50% margins by 2025.

Growth Outlook: This fully scalable business is positioned for further growth with multiple expansion opportunities including the following:
- Targeted marketing initiatives: No active marketing has been done to date.
- New service lines: Opportunities to add complementary services.
- Geographic expansion: Potential to extend services beyond current states.

Market Overview: Rising obesity rates and increasing awareness of obesity-related health risks are driving demand for digital weight loss solutions. The global digital health for obesity market is projected to grow at a CAGR of 23% from 2024 to 2030* while the overall telehealth services market is also expanding rapidly, with a projected CAGR of 30% from 2024 to 2030**.