Medical Billing Company with Real Estate

Not Disclosed, MA


Asking Price: Annual Revenue:
$745,000 $371,880

Services: Medical, Dental


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RE: Medical Billing Company with Real Estate Broker: Neil Corkum

Quick Facts

Asking Price: $745,000
Annual Revenue: $371,880
Net Profit: Not Disclosed
Cash Flow: $129,796
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: $450,000
Year Established: Not Disclosed
Employees: 6
BBN Listing #: 713435713
Broker Reference #: 19890

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Business Overview:

The Company provides third party billing services for medical and mental health providers.

The Company was founded by the sellers nearly 20 years ago. It has a steady, established client base and a stable, well-trained staff.

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Property Features and Assets:

The Company is located in a well maintained 2,800 SF building which is owned by the sellers. The building has office space which is well suited to the needs of the company. The Real Estate, $450,000 is included in the asking price.

Market Competition and Expansion:

Opportunity exists by gaining new clients and eventually growing staff. The Company has a great reputation and has not done a lot of marketing.

Reason for Selling:

Retirement

Additional Details:

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

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