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Asking Price$1,075,000
Revenue$1,200,000 EstablishedUndisclosed
Cash Flow$300,000 Employees10 full, 15 part
FF&E$250,000* FranchiseNo
Inventory$25,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
A non-emergency medical transportation company servicing Essex and Sussex County, New Jersey has just come on the market. This business provides bus transportation for school and special needs children and ambulatory vehicle transportation for handicapped children as well as transportation for non-emergency Medicaid patients in Essex and Union Counties. This business is very profitable since the licensing requirements, school bus driver and Medicaid driver qualifications along with the cost of buses, wheelchair vans and the high cost of insurance all of which limit competition. This business can expand in any number of ways. The Medicaid transportation needs of the state are not being fulfilled in any county in the state, Essex and Union Counties included. This long-standing transportation company has the license, experience, vehicles and drivers to grow within the counties it currently serves. And, that growth potential is enormous. Or, it can expand to any other county within the state. Moreover, it has four ambulances and the drivers to serve the emergency medical, Medicare and private sector markets such as nursing homes, veterans homes, assisted living facilities and other school districts as well. There is so much more Medicaid, Medicare and private patient transportation business than the current service providers now fill and, since the industry is served by small, independently owned companies, the roll-up opportunities are equally prominent. This is a turnkey operation; drivers and essential staff will remain. Seller financing is available to a qualified buyer. Please contact the broker, Gerald Nimberg at Vestedbb.com or at 646-269-4616.
Training/Support:Yes
Seller Financing:675,000.00 Down & TBD
Sale Reason:Other
Ad #104169
Seller Reference #31242
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Vested Business Brokers
Vested Business Brokers
877-735-5224
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