Medical Records Company
Location Alabama,United States
Asking Price Range < $250K
Gross Revenues $412000
Net Profit / Cash Flow $79000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1998
Number of Employees 10 - 19
Inventory 50000
Relocatable Yes
Number of Employees 10 - 19
Real Estate Leased
Training Will ensure smooth transition.
Reason for Sale Health.
Description This company specializes in converting paper medical records to digital and microfilm media. Converting medical records to other media will continue to be a necessary service due to mandatory signatures needed from patients, physicians and nurses. Hospitals and clinics do not have the space, staff or equipment needed to convert the volume of paper generated in the medical industry. The firm's relationship with local hospitals has been developed over the past 30 years. One major hospital has contracted with the company to convert 6 years of paper records. This contract alone will produce, at least, $250,000 a year for each of the next 6 years. In addition, a second hospital accounts for $50,000 in sales a year. This business could easily grow to over $1,000,000 with existing equipment, and in the existing facility. Contact for more information on this Medical Records Company for sale.
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