Medical Billing and Coding Company for Sale

Medical Billing and Coding Company for Sale – Tampa Bay, FL (BBF Listing # 883-90445)

Legacy Venture Group is excited to present a unique opportunity to acquire a well-established Medical Billing company for sale in the heart of Tampa Bay. With an asking price of $2,750,000, this business has proven financial performance, generating gross revenue of over $2.2 million in 2023, and an EBITDA of $853,349. This is an excellent opportunity for a buyer looking for a turnkey business in the growing medical billing sector, with a strong management team and infrastructure already in place.

For more information, visit BuyBizFL.com, where you can learn more about this opportunity and other listings.

Key Business Details:

Asking Price: $2,750,000
Gross Revenue: $2,203,204 (2023)
EBITDA: $853,349 (2023)
FF&E: $30,000
Established: 1999
SBA Financing Available: Yes
Visa Eligible: Yes

Why a Medical Billing Business?

Companies, like this Medical Billing business for sale, provide comprehensive services to healthcare providers, helping them streamline their billing processes and improve cash flow. From submitting claims to managing collections, this business ensures that healthcare providers can focus on patient care while all the financial and administrative work is handled. The company’s proven processes and expert staff set it apart in the medical billing industry.

The current owner has built a strong team, which allows a new owner to take a more hands-off approach. With two managers and a full staff of 25 employees in place, the day-to-day operations run smoothly without the need for extensive owner involvement. This makes it an excellent acquisition for both experienced investors and first-time buyers.

As a Tampa Business Broker, Legacy Venture Group is ready to help you explore this opportunity and guide you through every step of the acquisition process.

Facilities and Location:

This medical billing business is housed in a leased facility in a professional office park with easy access to major highways. The lease extends until 2026, and negotiations for renewal are flexible. The facility provides ample space for current operations and has room for expansion, allowing a new owner to grow the business as new clients are acquired.

Growth Potential:

Despite its steady growth, this Medical Billing company for sale has not engaged in formal marketing efforts. This presents a significant growth opportunity for a new owner. With the introduction of digital marketing strategies, including social media campaigns and online advertising, there is ample potential to expand the client base. Additionally, the company’s existing infrastructure allows it to scale efficiently, making it well-positioned for future growth.

As healthcare billing complexities increase, the demand for specialized billing services is expected to grow. The business is also located in a prime market, where Florida’s aging population will drive the need for more medical services, and by extension, more comprehensive billing solutions.

Business Valuation and Market Advantage:

A thorough business valuation has been completed, validating the company’s strong financial performance and operational efficiency. This evaluation ensures that the asking price reflects the true value of the business, backed by a well-established client base and reliable revenue streams. Whether you’re looking to acquire a business to expand your portfolio or enter the healthcare billing industry, this medical billing company offers a promising investment.

Reason for Sale:

The current owner is seeking to retire following the recent passing of her business partner. She is ready to hand over the reins of the business to someone who can continue its success and potentially expand its reach.

Contact Us Today:

If you are interested in learning more about this Medical Billing company for sale contact Legacy Venture Group, your trusted Tampa Business Broker. For further details, visit BuyBizFL.com or reach out to us directly to schedule a confidential discussion.

Legacy Venture Group is here to assist with a smooth transaction, offering expert advice and support every step of the way. Whether you’re a first-time buyer or an experienced business owner, we’ll ensure the acquisition process is seamless and successful