Profitable Medical Billing Service Company with...

Riverside County, CA
Riverside County

Asking Price: Annual Revenue:
$1,570,000 $656,686

Services: Financial, Accounting, Insurance

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RE: Profitable Medical Billing Service Company with... Broker: D. Joe Atchison
License #: 01438544
Owner Financing is Available!

Quick Facts

Asking Price: $1,570,000
Annual Revenue: $656,686
Net Profit: Not Disclosed
Cash Flow: $240,414
Total Debt: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2007
Employees: 9
BBN Listing #: 365838372
Broker Reference #: RIVERCA001-N1038

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Business Overview:

This established Company delivers professional medical billing and consulting services with experienced staff in place and strong recurring revenues. The Company provides best-in-class revenue enhancement and cash flow solutions to their 22 medical practice providers with minimal customer concentration. The Company’s professional staff are long-tenured Certified Professional Coders (“CPC’s”) credentialed by the American Academy of Professional Coders, with a total of 46+ years of medical practice management experience. The Company has never had an E&O or worker’s compensation claim. Business is using 2,000sf of quality office space. Adjoining the office is another 2,000sf that could be leased out, utilized for expansion or as storage space for the owner. The building is owned by the business owner who will only sell the business to a buyer who also purchases the real estate at its fair market value. The Company’s Director of Operations leads the team for the semi-absentee owner. Owner is willing to continue on as a customer acquisition consultant. This is a turn-key opportunity to take over a highly profitable company with good growth potential. Seller willing to carry a note for a qualified buyer. Pre-approved for SBA financing.

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Property Features and Assets:

Real Estate License ID: 01438544

Reason for Selling:

Relocation out of state

Additional Details:

  • The property is leased.
  • 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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