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Business For Sale

Medical Billing Practice

Springfield, MO

Services: Financial, Accounting, Insurance

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$110,000
$64,590
Not Disclosed
$58,961
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1996
1
10301386
Owner Financing is Available!

Business Overview:

This medical billing practice was started in 1996. It is a very stable practice. The existing owner acquired the company in January of 2007. They have over 30 accounts, 80% of which using the firms service when the current owners bought the practice. This practice has no employees, but all services are performed by the owner. She knew nothing about this business when she bought it and was able to easily learn everything she needed to know with 30 days training. The primary training necessary is using effective software package that manages all the constant changes in legislation and laws related to the medical billing. The current owner works less than 30 hours a week in the business and has never promoted the business. They have never called on new accounts, advertised, or engaged in the type of networking activities that would grow the business more aggressively. The business has grown through referral. Since purchasing the practice the owner has never lost an account to the competition. In five years she has only lost 3 accounts to natural attrition.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

Other business interests

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.