Profitable Medical Billing Company Seller Retiring

CA

Seller Financing Available
Profitable Medical Billing Company Seller Retiring
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Asking Price: $2,100,000

Cash Flow: $559,660

Gross Revenue: $1,436,814

EBITDA: N/A

FF&E: $25,000

Inventory: N/A

Established: 1996

Profitable Medical Billing Company Seller Retiring

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Business Description

Well established and consistently profitable medical billing company for sale in California. Long-term manager in place. Seller is retiring but to insure a successful transition will assist as needed in the training and transition of the new owner. Seller is open to possible extended employment with focus on marketing. Company is well diversified with clients in a variety of physician specialties. This is a stable and seasoned business with an excellent reputation and long term client retention.

Detailed Information

Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a leased location of 2,000 square feet with a Total Rent of $4,600. Lease ends 09/2021. Seller is active in the business with 9 FT employees. $25,000 in FF&E included in Asking Price.
Financing:
$1.8m Down, Seller carry note for 36 months at 6% interest rate
Support & Training:
30 Days
Reason for Selling:
Retirement
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(from currently available funds)
 
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Dustin Sigall

Business Listed By:
Dustin Sigall

First Choice Business Brokers San Diego

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Sponsoring Broker:
First Choice Business Brokers San Diego

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