Your login session has been reset or expired. Click here to log back in. Business Brokers of Florida / Florida Business Sales MLS
Business Brokers of Florida

 

VIEW LISTING JUST SAVED



Listing No: BBF-966-52044 *Contract Pending /Accepting Backup Offers *
 Public Pictures:   
Category :  Medical Related Biz SIC :  7371
Detail :  Medical Software Price :  6,500,000
County :  Collier Down :  6,500,000
State/Prov :  Florida Disc Earn :  1,676,730
Country :  USA Sales :  2,956,318

This absentee Software company has grown each year since it's inception in 2016.  There are several physical locations both on the east and west coasts of Florida which are staffed with doctors and administrative staff. 

The company has built out a very sophisticated EMR system (Electronic medical records) that defines the roles, access levels and ensures that patient records are secure.  The staff and Doctors use the EMR as a Patient Management platform for the medical marijuana industry across the state of Florida.  

Over 20,000 current customers have downloaded the phone app and are using it to get and maintain their medical marijuana card in Florida.  The business is currently run absentee as there is a competent manager in place.  A new owner should work to hire more doctors which is the fasted way to grow this business very quickly.


Business Name :  MY FLORIDA GREEN     Phone: (239) 269-7713
Address :  3400 RADIO RD SUITE 109, NAPLES, FLORIDA 34104
Seller :  The Doc App, Inc.
Listing Type :  EXCLUSIVE RIGHT OF SALE Date Revised  :  8/14/2023
Listing Office is :  TRANSACTION BROKER Code 
ERC Code 
:
:
 K-500
 
Documents on File:  Equipment List:  N     Lease: Y    Corp Resolution: Y
:  Cash Flow: N     Balance Sheet:  N
:  Standard Agreement: N     Signature on File: Y
Showing Remarks :  CALL BROKER TO SCHEDULE A MEETING

Reason for Sale :  Other Business Interests
General Location :  Florida
Organization Type :  Corp 'Sub S'     Hours Owner Works: 0
: Years Established: 6  Years Owned:  6  Emp FT:  11  Emp PT:  0  Mgrs:  1
Non Compete :  Miles:  500  Years:  5  Weeks Training:  4  Cost:   $0
Operating dys/hrs :  Monday-Friday 9:00 - 5:00
Skills/Licenses :  None
Business :  Is Relocatable: N    Is Home Based: N    Is a Franchise: N    Is Lender P/Q: N    Should Qualify For Visa: Y

Data Source Annualized Tax Return Tax Return
Year (Cash Flow) 2022 (N) 2021 (N) 2020 (N)
Gross Revenue 2,956,318 2,724,661 2,082,355
Cost of Goods 0 0 0
Gross Profit 2,956,318 2,724,661 2,082,355
Expenses 1,473,164 1,851,419 1,644,322
Net 1,483,154 873,242 438,033
Owner Salary 36,400 36,400 36,400
Benefits 0 567 0
Interest Expense 0 2,150 3,327
Depreciation 0 178,353 342,016
Other 157,176 131,321 142,292
Discretionary Earnings 1,676,730 1,222,033 962,068

Accounts Rec 0 N* Real Estate 0 N*
Inventory 0 N* ___________ 0 N*
F F & E 1,150,000 Y* Total Assets 1,150,000 Y*
Leasehold 0 N*
*Included?

Lease/Month: 5000 Square Footage: 2000 Building Type: Strip Center
Terms & Options: New long-term lease avail Expiration Date: 10/25/2024

Loan/Assumable - Amt:  0  Mos: 0  Rate: 0.00  Mo Pmt: 0.00
Loan/Seller - Amt:  0  Mos: 0  Rate: 0.00  Mo Pmt: 0.00
Loan/Other - Amt:  0  Mos: 0  Rate: 0.00  Mo Pmt: 0.00

JOSEPH ALTER Office :  (239) 849-9334
BROKER Fax :  
Home :  (239) 849-9334
SUNBELT BUSINESS BROKERS NAPLES & FT MYERS Cell :  (239) 849-9334
2640 GOLDEN GATE PARKWAY, SUITE 204
NAPLES, FLORIDA 34105 Email :  jalter@sunbeltnetwork.com
USA Home Page :  sunbeltofflorida.com

The information to follow will not show on BLI.

BLI Status:
Include in MLS :  N
Listing Expiration Date :  10/14/2023



Copyright © Global MLS Services, Inc. All Rights Reserved.