Located in Middlesex County, this 23-year old business has just come on the market. The company transports non-emergency Medicaid patients to and from their residences and medical treatment facilities, with New Jersey state authorization, and under state regulation, compliance and guidelines. The company provides its services to Medicaid patients in Middlesex and Somerset County. The growth and profit potential in this business is enormous. There is so much business of this kind in the state, and there are sufficient barriers to entry to the number of service providers, that existing providers can enjoy a long upward climb. The application for state authorization is difficult to get, the process is lengthy, and adherence to the guidelines and compliance requirements has taken most providers one to two years to achieve. Then there are the vehicles, drivers and mandated insurance requirements that must be met. Once achieved, the capital to acquire, insure and operate becomes the only barrier to growth. For more information, please call Gerald Nimberg at 1-877-735-5224 at Vested Business Brokers.
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