Profitable Medical Billing Service Company with Real Estate Included

Financial Information

  • Asking Price: $1,570,000
  • Gross Revenue: $656,686
  • Cash Flow: $240,414
  • Down Payment: ON REQUEST
  • FF&E (Not Included): ON REQUEST
  • Inventory: N/A
  • Financing: Yes

Business Location

  • Riverside
  • Riverside County
  • California
Primary Business Category: Accounting Practice

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.

Growth / Expansion overview

The Company has grown its reputation over the past decade plus because of being a trusted source to physicians.

Financing Comments

Pre-Approved for SBA Financing

Reason For Sale
Relocation out of state
  • Home Based: No
  • Year Established: 2007
  • Franchise: No
  • Year Acquired: 2007
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Business

  • Is Property Leased: Yes
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $720,000
  • Real Estate Asking: ON REQUEST
  • Fulltime Employees: 8
  • Part time Employees: 1
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 4,000 sq ft
  • Monthly Rent: $3,000
  • Lease Terms: Included in sale price

Contact Business Broker

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Business Listed by

Sunbelt Riverside County

Contact: D. Joe Atchison
Office Phone: 951-678-5671
Mobile Phone: 951-733-8442
Listing ID: RIVERCA001-N1038

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