Semi-Absentee Medical Billing Service

Sold

This is a unique opportunity to acquire a high margin, very profitable medical billing company that has been established over 15 years. Seller states that with the recent operational changes the annual business cash flow should exceed $248K based on the same level of sales moving forward. Business currently has 24 repeat clients generating $34k/month in recurring fees. This is a stable and seasoned business that is turnkey. Seller has significantly reduced her role in the company and has automated most daily operations. Business is currently home based with virtual staff and could easily be relocated within the US. Most clients are geographically located on the west coast, but this business has the capacity to service practices across the country. Call immediately for more details as this business will sell quickly.

Financial Information

Asking Price:
$775,000.00
Down Payment:
$600,000.00
Gross Sales:
$390,265.00
Total Income:
$248,295.00
Equipment/Fixtures:
$5,000.00
Inventory:
$
Location:
Relocatable
Business Type:
Medical Blling

Seller Carry Terms Offered:
600,000 DP; Balance SCN for 36 months at 6% interest

Asset & Lease Information

Inventory Included:
$
Leasehold Improvements:
$
Equipment/Fixtures:
$5,000.00
Base Rent:
$
Total Rent:
$
Rent Deposit:
$
Lease Ends:
Lease Options:
Home Based
Facilities:
 ft2
Year Established:
2000
F/T Employees:
1
P/T Employees:
Contract Labor:
6
Support/Training:
2 Weeks

Special Licence Required:
Other Assets:
Newer Computers and Printer/Scanner


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