Telemedicine Pharmacy for Prescription Drugs - Remote Prescribed by MD

Boca Raton, FL
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Asking Price:$25,000
Established Year:2019
BUSINESS DESCRIPTION

Low Cost Telemedicine Appointments with MD to Receive Prescription Drugs
OWL provides consultations via video chatting or phone consults, and also e-prescribes medication to 2 highly regulated 503a-503b compounding pharmacies and a wholesale pharmacy.

Founded by 2 pharmacists and a Medical Doctor.
Elite marketing team who built the initial website and marketing creatives for the brand.

Large markup.
Weight loss price point to patients $400/mo to patient instead of $1200/mo Ozempic.
$0.60 per tablet raw cost for generic Cialis/Viagra - Even at 10x, competitive.

OWL will specialize in national concierge telemedicine, focusing on wellness categories including:
Consulting and providing prescriptions for sexual health for men including compounded enhanced generic Cialis, Levitra and Viagra as well as manufactured generic Cialis, and Viagra at a tremendous saving to the consumer. The compounded versions are not offered by other online sites such as Hims and Roman, both billion-dollar companies.

Compounded Weight Loss injectables will be the focus of OWL. We offer Semaglutide as well as compounded Tirzepatide. Well-tolerated, efficacious and highly in demand. Heavy focus on weight loss and anti-aging skincare.

OWL will offer hair restoration formulations as well as prescription and non-prescription skin care. Anti-Aging Peptide oral preparations and vitamin replacement therapy will also be provided afterwards.
OWL has several exceptional formulations for topical pain creams for muscle pain, arthritis and neurological pain. These creams are formulated in a highly soluble base which penetrates to the source of the pain.

In order to prescribe, you need licensure from the Pharmaceutical Board in the state. The owner of OWL, is a licensed pharmacist with the state of Florida, which creates a moat from competition entering the industry.

OWL will have maintenance-based therapy which will yield residual sales, especially on weight loss injectables, hair restoration products, skin care and other prescription wellness and aesthetic products. Erectile dysfunction will cost the consumer considerably less than prescriptions available on the market and will be more effective. Americans spend over $11 billion annually on aesthetic products. Our telemedicine doctors will be compensated per consult from OWL for seeing the patient online. The company, not the physician, will bill the patient for the consultation and the medication. Funds will be immediate. As OWL will generate a transaction fee from the patient per consult and the profit margin on prescriptions, the more practitioners we bring on board will create tremendous growth potential.

Online companies such as Hims and Roman which cater mostly to millennial males, offering only proprietary brand and generic Viagra and Cialis, and other generic proprietary products has raised hundreds of millions of dollars since their inception. We will reach men and women from their 20’s through their 80’s, offering far superior prescription products at lower prices.

HIMS
2022 REVENUE - $527M
2022 VALUATION - $1.60B
2022 FUNDING - $197M

RO
2022 REVENUE - $300M
2022 VALUATION - $6.60B
2022 FUNDING - $1.00B

Multi-Spoke Business Model

Health Products = Weight Loss Injectables and Pills,
Longevity = Skincare Creams
Sexual Function = Erectile Dysfunction Medicine, Premature Ejaculation Medicine
Catering to both Female Demographic & Male Demographic
More Pharmaceutical Products will be Added such as Hormone Replacement, Peptides for healing, gaining muscle mass and of course anti-aging.

Repeat sales to be expected, especially through weight loss, erectile dysfunction products, hair restoration and skincare. They can be billed automatically, monthly. These products are generally residual.

OWL’s telemedicine platform company is simple for patients and physicians to use.
Doctors create specific times for patients to schedule video/phone consultations.
Website fully integrated w/ telemedicine.


DETAILED INFORMATION
Location
Boca Raton, FL
Inventory
Included in asking price
Employees
3
Facilities
Superior Digital Presence and it’s partners will showcase an advantage over other companies with top-notch design, interactive portals, quizzes, and more. Front end system for consumers, a portal for Prescribers, and Integrations into the telemedicine platform. Maintenance on the website. The Telemedicine Platform will enable all of our teleconferencing needs and sync with the platform itself. Marketing will provide leads through social media marketing, lead generation sources. Email automation campaign that prompts consumers. Lead gen sources
Competition
The global telemedicine market was valued at USD 60.8 billion in 2022 and it is expected to reach USD 225 billion by 2030, growing with a compound annual growth rate (CAGR) of 17.16% during the forecast period 2022 to 2030. The New York-based company got its start in 2017 as Roman, with an initial focus on erectile dysfunction and other men's health and wellness issues often accompanied by stigma. Ro raises $500M, bringing its D2C virtual care business to a $5B valuation. Investors have showered the New York company with $876 million to date.
Growth & Expansion
OWL utilizes highly researched solutions for the conditions we treat which are formulated and compounded by exceptional 503a and 503b compounding pharmacies. Our business model is unique to the telemedicine industry. Quality is the foundation of our compounding partner while service to our patients drives our mission. We regard our relationships with our trusted practitioners as a partnership. Custom compounds require custom service. Our compounding partner’s investment in software development has allowed for an efficient workflow to meet turnaround
Support & Training
Owner understands the pharmacy business in and out through his decades of experience. Owner can be actively involved in Overseeing Operations Setting Up Digital Systems Proper Procedures and Protocols In Place Hiring and Recruiting Doctors Coordinating with the Compounding Pharmacies Overseeing Marketing Helping Raise More Funds
Reason for Selling
Easy transition to come in as proven processes in place.
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Jaret
Grossman
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Jaret Grossman