SALE PENDING! Niche Third Party Administrator – $1.4m EBITDA
Listing number: 60201
Location: Ohio
Year established: 1994
Asking Price: $6,750,000
Established over 30 years this specialized service provider has accumulated over 130 long-time clients under fixed fee contracts with 100% recurring revenue. Powered by a proprietary custom software system this business is poised to continue to grab additional market share and expand regionally. A trained and loyal senior staff are already in place and the seller is looking to retire.
Consistent and very healthy profit margins with low overhead and zero collection issues make this a unique opportunity to further grow this proven business model. Average recurring billing around $1,500/month per client with no major customer concentration. This business will sell quickly, call now to request an NDA and learn more about this exciting acquisition opportunity. https://www.sdbiz.com/business-listing-page/billingservice
Sold! 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.
Asking Price: $7,500,000 Gross Income: $3,255,727
EBITDA: $1,529,138 Location: Southern CA
Sold! – Profitable Medical Billing Company
Established and highly profitable medical billing service with experienced staff in place and strong recurring revenue. Seller is ready to retire and help a new owner transition into this lucrative business. 27 active clients include surgeons, urgent cares, podiatrists, neurologists, psychologists and internal medicine specialists. Seller focuses primarily on sales and marketing and does not perform any of the billing work himself. This is a turn-key opportunity to take over a highly profitable billing company established over 18 years in the San Diego market.
Asking Price: $900,000 Gross Income: $688,570
Net Income: $305,25 Location: San Diego County
Sold! Turn Key Medical Billing Company
Established and consistently profitable medical billing service with seasoned staff and strong recurring revenue. Seller is looking to phase into retirement and spend more time with family. Strong management team already in place and the seller only devotes 10 hours per week personally to the billing business presently. 15 long term clients make up over $1.4M in recurring revenue and this company has an impeccable reputation within the local medical community and continues to grow through referrals.
Asking Price: $1,995,000 Down Payment: $1,500,000
Gross Sales: $ 1,611,680 Total Income: $558,566
Location: West Coast
Sold! Semi-Absentee Medical Billing Service
This is a unique opportunity to acquire a high margin, very profitable medical billing company that has been established over 15 years. Business has repeat clients and recurring fees. This is a stable and seasoned business that is turn-key. Most daily operations are automated. Business is currently home based with virtual staff and could easily be relocated within the US. The business has the capacity to service practices across the country.
Asking Price: $625,000 Location: Relocatable
Gross Sales: $ 366,620 Total Income: $139,883
Sold! Growing Niche Medical Billing Company
Steadily growing niche Medical Billing Company with strong recurring revenue. Company has developed its own proprietary software to further solidify them as a leader among their niche. Well trained seasoned staff in place, entirely based in the U.S. Seller is open to an employment agreement after the sale to help ensure a smooth transition. Trailing 12 month SDE is $736,451 and 2016 SDE is on track to reach $850k.
Sold! Semi-Absentee Medical Billing Service
This is a unique opportunity to acquire a high margin, very profitable medical billing company that has been established over 15 years. Seller states that with the recent operational changes the annual business cash flow should exceed $248K based on the same level of sales moving forward. Business currently has 24 repeat clients generating $34k/month in recurring fees. This is a stable and seasoned business that is turnkey. Seller has significantly reduced her role in the company and has automated most daily operations. Business is currently home based with virtual staff and could easily be relocated within the US. Most clients are geographically located on the west coast, but this business has the capacity to service practices across the country.
Sold! Highly Profitable Medical Billing Service
Sold! Profitable and Growing Medical Billing Service
Highly profitable and growing medical billing company available for acquisition. Seller has health concerns that prompt the sale of this thriving business. 8 clients consisting of 25 doctors make up the $670k of recurring revenue that generated $320k of cash flow for the seller in 2015. The business has been established over 19 years and the seller owns the real estate and is willing to offer flexible terms on a new lease or allow the business to relocate depending on buyer preference. Seller will consider financing for a qualified buyer and is open to a longer term transition period. Sales continue to increase year over year.
Sold! Well Established Medical Billing Company
In business since 1999, this company has seen significant growth year over year! Medical billing experience is not required. Seller will provide thorough training. This is a recession proof business providing services to an array of niche clientele. No complicated licensing required. If you are business minded and know how to manage a turn-key staff, this is the business you have been looking for. Seller will consider financing for qualified buyer.
Asking Price: $577,000 Down Payment: $450,000
Gross Sales: $874,970 Total Income: $303,645
Equipment/Fixtures: $15,000 Location: California