Exceptional Specialty Billing Service - Home Based

Not Disclosed, NM
Santa Fe County

Can be located most anywhere

Asking Price: Annual Revenue:
$120,000 $64,000

Services: Financial, Accounting, Insurance

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RE: Exceptional Specialty Billing Service - Home Based Broker: Priscilla Dakin

Quick Facts

Asking Price: $120,000
Annual Revenue: $64,000
Net Profit: Not Disclosed
Cash Flow: $60,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: NM
Year Established: 2002
Employees: Not Disclosed
BBN Listing #: 410231884
Broker Reference #: TPSNM919

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Business Overview:

This specialty billing company is easily incorporated into another billing or accounting firm or can be operated as an individual’s independent practice. Clients, primarily professionals serving their own clients, count on the current owner to take their client-engagement data and ensure proper form for reimbursement as well as pursing unpaid bills. The business opened in 2002 and has had only two owners. The current owner, an individual working out of a home office, was particularly drawn to it as the business offers great flexibility in daily routine provided the client needs are met in a timely fashion. There is a heavier weight of work in the first ½ of each month and lesser in the second. 93% of the revenue accrues to the owner with revenues in 2019 projected at $64,000 (rounded). Expansion opportunities exist with current and new clientele as well as additional services. On the market for $120,000 with possibility of owner financing.

Key Features:
• 17 years of providing service
• Great reputation for service and accuracy
• Serving NM, primarily Albuquerque
• Specialty billing
• Nicely home based or not – can be anywhere
• Growth opportunities
• Single owner/operator, no staff
• Computer-based billing
• Email-based communication
• $64,000 revenue with $60,000 cash flow to owner, 2019 projected (rounded)
• Clientele longevity

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Reason for Selling:

Personal Interests

Additional Details:

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

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