Turn Key Medical Billing Company

South West

Seller Financing Available
Medical Billing Business for Sale
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Asking Price: $1,995,000

Cash Flow: $558,566

Gross Revenue: $1,611,680

EBITDA: N/A

FF&E: $125,000

Inventory: N/A

Rent: $1.78 /Month

Established: 2005

Turn Key Medical Billing Company

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Business Description

Established and consistently profitable medical billing service with seasoned staff and strong recurring revenue. Seller is looking to phase into retirement and spend more time with family. Strong management team already in place working out of their West Coast office and the seller only devotes 10 hours per week personally to the billing business presently. 15 long term clients make up over $1.4M in recurring revenue and this company has an impeccable reputation within the local medical community and continues to grow through referrals. For more details and to review comprehensive financial records after NDA execution, call Sean Seaman 858-472-3297.

Detailed Information

Real Estate:
Leased
Building SF:
3,317
Lease Expiration:
3/1/2020
Employees:
23FT; 2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased location of 3,317 sq ft with a total rent of $5,904. Business has 23 FT employees and 2 PT employees. $125,000 FFE included in asking price. Business Hours are Mon-Fri 8am – 4:30pm.
Financing:
$1,500,000 Down Payment
Support & Training:
2 weeks
Reason for Selling:
Retirement
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(from currently available funds)
 
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Sean Seaman

Business Listed By:
Sean Seaman

First Choice Business Brokers San Diego

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Sponsoring Broker:
First Choice Business Brokers San Diego

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