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This Business has been Sold!
Closing Date: 01/05/2012

Business for Sale Summary

Medical Services Company with Contracts - 21037

Business Type: seller financing available,special situations,new to market,home-based business,service businesses,accounting/payroll/tax ,health/medical/dental practices,other business services,professional services
Sold
Medical Services Company with Contracts
On January 5th 2012, The Undersigned
Acted as the Advisor to the Deal
Melvin L. Vaz
Melvin L. Vaz Senior Broker
Servicing: This Broker is Servicing All of CT, MA, NH, NJ, NY, PA, RI and VT
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $150,000 Down Payment $100,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$100,000 Down and $50,000 balance is due over 5yrs with a three-year balloon payment.

Business Description

Medical Services Company with Contracts. HOME BASED BUSINESS. NO EXPERIENCE IS NECESSARY. FULL TRAINING AND SUPPORT WILL BE PROVIDED. This is a truly unique opportunity to buy a Medical Billing, Transcriptions, Collections and Medical Answering Service. All clients/doctors are under 100% transferable service agreements. Buyers are offered the opportunity to affiliate with the Seller to purchase access to the proven state-of-the-art, industry-leading software and training in a system that uses a proprietary streamlined approach. As you are being trained in your new business and becoming familiar with the systems for each discipline, the seller provides the clients/doctors to you under their transferable service agreement to fill your books of business in the disciplines you purchase. Once these service agreements are transferred, the client/doctor relationship is yours to own and manage indefinitely. Sales are broken down as follows: Medical Transcription Annual Profit: $53,520, Medical Billing Annual Profit: $95,640, Medical Collection Annual Profit: $78,300, Medical Answering Service Annual Profit: $39,000. Total Annual Gross: $515,880 with an Annual Profit: $196,460 after Annual Payroll of 2 Employees: $70,000. Call or email Mel Vaz today to learn more at 631-909-1095 or mvaz@vestedbb.com.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.