SOLD 5/22/2020
So Cal Medical Billing Company $1.5m EBITDA
Well diversified and highly profitable medical billing company located in Southern California. 2019 EBITDA was $1,529,138 which was up from $1,394,324 in 2018. Both revenue and profits have increased consistently year over year. Seller has created a turn-key business, with great methodology for obtaining higher than average industry margins. Company has over 50 clients across an array of specialties, including Gastroenterology, Primary Care, Surgery, Pulmonology, Internal Medicine, Cardiology, and many others. Company is well staffed and includes a Director of Operations. Seller primarily focuses on business development. After nearly 15 years of building this quality business, seller is ready to entertain offers. Please contact listing agent, Dustin Sigall for more information. (858) 382-4974, dustin@fcbb.com.
Asking Price: $7,500,000 Gross Income: $3,255,727
EBITDA: $1,529,138 Location: Southern CA
Medical Billing companies are in high demand. There are rarely more than one or two acquisition opportunities available on the market at the same time. Banks are competing like never before to provide SBA loans to buyers, resulting in valuations reaching an all time high!
Call or email us today for a free and confidential business valuation.
858-382-4974, Dustin@sdbiz.com