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Listed by:

Lingate Financial Group

Thriving Medical Billing Service For Sale

Minnesota, US
Asking Price:
$1,200,000
Sales Revenue:
$1,200,000
Cash Flow:
$250,000

Thriving medical billing, contracting and credentialing service started in 2009 and serving healthcare providers in MN, WI, IA, AR and OR. The company was structured for decentralized remote work, well before COVID, and operates effectively with the owner and one employee in the Midwest and 12 remote contractors.

Current revenue is $1.2 million with Seller’s Discretionary Income of $250,000. The market continues to grow steadily as the company serves many types of healthcare providers. The current owner wishes to retire due health considerations. The owner has trained a fully functional manager and will help train the new owner for a few months following closing.

The purchase price is $1.2 million on a debt-free asset purchase basis. This is a great opportunity to purchase an established business in an in-demand industry, and provides geographic and schedule flexibility.

Please contact the broker for a Non-disclosure Agreement and more information.

Property Information

Real Estate:

Lease

Location:

Minnesota, but relocatable in US.

Business Operation

Expansion Potential:

Growing market in in-demand industry.

Reasons for selling:

Retirement due to health considerations.

Employees:
2 employees, 12 contractors
Years established:
2009

Other Information

Support & training:

Owner will assist with training buyer for a few months.

Related Documents:
Relocatable:
This business can be relocated.