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Business for Sale

Medical Billing Management in Queens County, NY
Queens County, NY

Listing #33094

 
Financial Information (non-confidential)
Asking Price $180,000.00 Gross Revenues $160,000.00
Down Payment $130,000.00 Owner’s Cash Flow $110,000.00

Financing: $130,000.00 Down and $50,000 at 7% for 24 months

Reason for Selling:Other Interests

Medical Billing Management Services Company for sale! For the past 4 years, this company has had consistent revenues. Gross sales have been around $150,000 to $160,000, with very LOW expenses. Net profit is $110,000. There is currently only one employee working alongside the owner to service the clients. Another employee could be hired for around $30,000 and you would have yourself an ABSENTEE business. The owner is selling because he has a background in IT, but came across this business opportunity and ran it successfully for almost 5 years. Now he is looking to exit this business and go back to work in something related to IT which is his passion. The seller is willing to provide a buyer a 30 to 60 day transition period to make sure they're trained and know the ins and outs of the business. Many clients have been clients for multiple years. Servicing clients nationwide, there is an office in NY and Texas, but you can run this business from home and lower your expenses even more! This company does claims processing, standard reporting. insurance follow-up, appeals, and credentialing. If you're computer savvy and want to buy a 6 figure income, or if you work in the business and want to grow through acquisition, kindly upgrade you Vestedbb.com membership to premium to release the address and contact the broker at (877)-735-5224.

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.
Vested Corporate
Senior Business Broker
1(877) 735-5224
corporate@vestedbb.com
Servicing Area:
This Broker is Servicing All of States
Vested Corporate

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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