Profitable and Growing Medical Billing Service

Sold

Highly profitable and growing medical billing company available for acquisition.  Seller has health concerns that prompt the sale of this thriving business.  8 clients consisting of 25 doctors make up the $670k of recurring revenue that generated $320k of cash flow for the seller in 2015.  The business has been established over 19 years and the seller owns the real estate and is willing to offer flexible terms on a new lease or allow the business to relocate depending on buyer preference.  Seller will consider financing for a qualified buyer and is open to a longer term transition period.  Sales continue to increase year over year.  This business will sell quickly, call immediately for more details.

Financial Information

Asking Price:
$799,000
Down Payment:
$550,000
Gross Sales:
$669,578
Total Income:
$320,337
Equipment/Fixtures:
$3,000
Inventory:
$
Location:
Colorado
Business Type:
Service

Seller Carry Terms Offered:
$550,000 DP; Balance SCN for 48 months at 6% interest.

Asset & Lease Information

Inventory Included:
$
Leasehold Improvements:
$
Equipment/Fixtures:
$3,000
Base Rent:
$1,279
Total Rent:
$1,279
Rent Deposit:
$
Lease Ends:
Lease Options:
Facilities:
750 ft2
Year Established:
1997
F/T Employees:
3
P/T Employees:
3
Contract Labor:
Support/Training:
2 Weeks

Special Licence Required:
Other Assets:


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