Profitable Medical Billing Company
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Listing No.: 106-15507
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Category: Service
| Asking Price | $900,000 |
| Down Payment | $ |
| Gross Revenue | $688,570 |
| Total Adjusted Net Income | $305,259 |
| Equipment/Fixtures | $10,000 |
| Year Established | 2001 |
| General Location | San Diego County |
| Established and highly profitable medical billing service with experienced staff in place and strong recurring revenue. Seller is ready to retire and help a new owner transition into this lucrative business. 27 active clients include surgeons, urgent cares, podiatrists, neurologists, psychologists and internal medicine specialists. Seller focuses primarily on sales and marketing and does not perform any of the billing work himself. This is a turn-key opportunity to take over a highly profitable billing company established over 18 years in the San Diego market. Call now for more details and to review more comprehensive financial details after NDA execution. |
| Gross Revenue | $688,570 | Listed Price | $900,000 |
| Total Income | $305,259 | Down Payment | $ |
| Base Rent | $ | Square Feet | 1100 ft2 |
| Total Rent | $1,071 | Lease Description | Lease ends 1/2021 |
| Rent Deposit | $ | Lease Options |
| Inventory | $ | Leashold Improvements | $ |
| Equipment/Fixtures | $10,000 | Other Assets | 11 desktop computers, 20 monitors, 2 servers, 3 printers, 12 desks and 11 phones |
| Full-Time Employees | 7 | Training Period | 2 Weeks |
| Part-Time Employees | 1 | Special License Required | |
| Contract Staff | Reason for Selling | Retirement |
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.