Highly Profitable Medical Billing Service

Sold

This is a unique opportunity to acquire an established and profitable medical billing company in business over 17 years with 9 employees. 23 active clients are included in the sale with the majority of them being in place for over 10 years! 3 new accounts have been added so far in 2014 that should account for an additional $60K in annual net profit according to the owner. Seller will consider financing for a qualified and experienced buyer. Seller owns the office building and is willing to extend an attractive lease to the new buyer. Trained staff already in place. Call immediately for more information on this unique opportunity.

Financial Information

Asking Price:
$1,150,000
Down Payment:
$750,000
Gross Sales:
$785,583
Total Income:
$355,296
Equipment/Fixtures:
$100,000
Inventory:
$
Location:
California
Business Type:
Service

Seller Carry Terms Offered:
$750,000 DP; Balance SCN for 36 months at 6% interest.

Asset & Lease Information

Inventory Included:
$
Leasehold Improvements:
$
Equipment/Fixtures:
$100,000
Base Rent:
$2,000
Total Rent:
$2,000
Rent Deposit:
$
Lease Ends:
Lease Options:
Seller Owns Building
Facilities:
1,950 ft2
Year Established:
1996
F/T Employees:
9
P/T Employees:
Contract Labor:
Support/Training:
4 weeks

Special Licence Required:
Other Assets:


Agent: Dustin Sigall c: (858)382-4974 e: dustin@fcbb.com