So Cal Medical Billing Company $1.5m EBITDA
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Listing No.: 106-15485
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Category: Service
| Asking Price | $7,500,000 |
| Down Payment | $ |
| Gross Revenue | $3,255,727 |
| Total Adjusted Net Income | $1,529,138 |
| Equipment/Fixtures | $30,000 |
| Year Established | 2005 |
| General Location | Southern California |
Well diversified and highly profitable medical billing company located in Southern California. 2019 EBITDA was $1,529,138 which was up from $1,394,324 in 2018. Both revenue and profits have increased consistently year over year. Seller has created a turn-key business, with great methodology for obtaining higher than average industry margins. Company has over 50 clients across an array of specialties, including Gastroenterology, Primary Care, Surgery, Pulmonology, Internal Medicine, Cardiology, and many others. Company is well staffed and includes a Director of Operations. Seller primarily focuses on business development. After nearly 15 years of building this quality business, seller is ready to entertain offers. Please contact listing agent, Dustin Sigall for more information. (858) 382-4974, dustin@fcbb.com.
| Gross Revenue | $3,255,727 | Listed Price | $7,500,000 |
| Total Income | $1,529,138 | Down Payment | $ |
| Base Rent | $ | Square Feet | 3,804 ft2 |
| Total Rent | $5,288 | Lease Description | Lease ends 12/2020 |
| Rent Deposit | $ | Lease Options |
| Inventory | $ | Leashold Improvements | $ |
| Equipment/Fixtures | $30,000 | Other Assets |
| Full-Time Employees | 40 | Training Period | 30 Days |
| Part-Time Employees | 2 | Special License Required | |
| Contract Staff | 1 | 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.