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Business for Sale Summary

Medical Transport Company for Sale - 36993

Business Type: adult homecare assisted living,healthcare related services,misc. service/non-classifiable,other personal services,owner financing available,passenger transportation / ambulette
Medical Transport Company for Sale
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Financial Information (non-confidential)

General Information
Asking Price $1,300,000 Down Payment $1,000,000
Gross Revenues $1,158,000 Lease Remaining Register Free to View
Owner’s Cash Flow $409,000 Number of FT Employees Register Free to View

Financing

$1,000,000 Down and $300k for 18 months @ 7%

Business Description

Seller Financing, This Hudson County, New Jersey medical transportation company transports patients to and from treatment facilities and is licensed by the State of New Jersey to transport patients requiring wheelchair service. Non-Emergency ambulance, Critical Care and 911 Emergency medical services are easy upgrades. The addition of ambulatory service requires no upgrade. The higher the level of service offered - non-emergence ambulance, critical care, or 911 emergency- the greater the profit margins. Highly profitable as is, this company brings not only value for its price, but unprecedented growth opportunity. The medical transportation business is a fragmented industry served by small private businesses. Opportunities to absorb similar businesses or to expand hours or services abound. Vehicles, state licenses, insurance, the ability to transport Medicare (anywhere in the US) and Medicaid patients (anywhere in New Jersey), an established workforce and a 35% Net Profit margin are part of the package. The owners will train. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers at 646-269-4616.

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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.