Business for Sale Case Studies
Medical Business in MA Sold

APPS Paramedical of MA – Business Owner Retires while Individual Buyer Starts New Career

Business Broker

Molly Hanson

Situation

After thirty years of running a paramedical testing business, the owner contacted BayState Business Brokers to sell the business so he could enjoy the next phase of his life—retirement.

BayState Business Brokers’ Approach

Business Broker Molly Hanson developed BayState’s Confidential Business Brief, highlighting the business’ consistent cash flow, low competitive environment, high barriers to entry, exclusive territory covering the Commonwealth of Massachusetts and its significant growth opportunity.

APPS Paramedical of MA provides quality medical testing for life insurance and disability insurance underwriting. The parent company’s planned strategy for growth is to extend its business model to clinical trial participants, having the existing team of phlebotomists complete the medical testing. This strategy offers significant opportunity for APPS of MA given it serves all of Massachusetts and is physically located in a western suburb of Boston with close proximity to leading research institutions, biotech companies and major commuting routes.

Results

This attractive business with additional upside attracted multiple buyers, all with available financing secured. With three strong, competitive offers, BayState Business Broker Molly Hanson brokered the sale for above the initial asking price. Buying the business enabled the individual buyer to launch a new career and walk to work.

What Our Clients Say

I had a very good experience and have many praises for BayState Business Brokers and, in particular, Molly Hanson with the recent sale of my business. Molly’s experience, insight and determination prevailed, as she was there each step of the way and in fact, often one or two steps ahead. She was well organized and very nice to work with, often accommodating my somewhat crazy schedule. I would highly recommend Molly Hanson and the organization.
David Baime, Seller and Former Regional Owner/Director APPS Paramedical MA

Case Studies

APPS Paramedical of MA – Business Owner Retires while Individual Buyer Starts New Career

APPS Paramedical of MA – Business Owner Retires while Individual Buyer Starts New Career

Auto repair shop in an affluent Boston suburb sold to individual buyer for $425,000

Auto repair shop in an affluent Boston suburb sold to individual buyer for $425,000

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Amada Senior Care Franchise – Industry Buyer Acquires High-Performing, Professional Home Health Care Business

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