Semi-Absentee Medical Billing Service
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Listing No.: 106-14712
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Category: Medical Blling
| Asking Price | $775,000.00 |
| Down Payment | $600,000.00 |
| Gross Revenue | $390,265.00 |
| Total Adjusted Net Income | $248,295.00 |
| Equipment/Fixtures | $5,000.00 |
| Year Established | 2000 |
| General Location | Relocatable |
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.
| Gross Revenue | $390,265.00 | Listed Price | $775,000.00 |
| Total Income | $248,295.00 | Down Payment | $600,000.00 |
| Base Rent | $ | Square Feet | ft2 |
| Total Rent | $ | Lease Description | |
| Rent Deposit | $ | Lease Options | Home Based |
| Inventory | $ | Leashold Improvements | $ |
| Equipment/Fixtures | $5,000.00 | Other Assets | Newer Computers and Printer/Scanner |
| Full-Time Employees | 1 | Training Period | 2 Weeks |
| Part-Time Employees | Special License Required | ||
| Contract Staff | 6 | Reason for Selling |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.