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Business for Sale Summary

Established Ambulance Business For Sale - 29048

Business Type: health/medical/dental practices,healthcare related services,misc. servicel/non-classifiable,other business services,passenger transportation / ambulette
Owner Financing
Established Ambulance Business For Sale
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This business has received 227 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $7,300,000 Down Payment $7,300,000
Gross Revenues $4,300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $1,800,000 Number of FT Employees Register Free to View

Financing

$7,300,000 Down and Seller Financing to be considered; Real Estate to be negotiated directly with seller.

Business Description

AMBULANCE COMPANY - SOLID NUMBERS - VERIFIABLE - EXTREMELY PROFITABLE!!!! - This is a one-of-a-kind deal that a buyer for an ambulance company can wish for and one last time. This Southern State Ambulance company has no competition and dominates the city with a response time of slightly over 4 minutes which puts them in the top 3% of the Nation with the average response when is 8 minutes. This long established company receives between 18500 calls per year to 20,000 per year with the majority of calls covered by insurance. This extremely profitable Enterprise is directly paid by the exclusively contracted hospitals which include three major hospitals, mental hospital, followed by nursing homes, and residential/business patients. The business has 19 well-equipped, highly maintained units and has access to almost brand new units at a tremendous discount to consistently replenish the vehicles at a tremendously discounted price. Each unit is equipped with safety sensors and cameras to prevent accidents, and record an incident if one occurs to minimize lawsuits and maximize insurance premium savings. It is this is this is process and customer service and has maintained its profitability over the years and locked in the city and and neighboring communities. This medical transportation company now for sale has an annual revenue $4,300,000 with Owner's Cash Flow of $1,800,000 used by bank that has already approved the company for loan, and $2.3M cash flow in reality and documented. The company has over $5M in easily collectible account receivables, and an SA account with over $500,000 for tax utilization. The company has a new collection policy that will increase revenue and income approximately $1.9M per year, and later this year will capitalize on another $3,000,000 per year in additional revenue. This company has the perfect relationship with the cities residents and businesses. The company has included in the sale a little over 2 million dollars worth of assets which include: state of the art equipped vehicles, computer systems, software, an extremely large variety of medical equipment, Ambulance Equipment and parts, and so much more to list. The three areas of expenses under successful cost control control are the cost of maintenance, employees, and insurance. In addition to what has already been mentioned this ambulance company is including a built-in billing and payroll company which saves on average 7% of billing when the initial cost has already been absorbed. THE SELLER IS ALSO WILL TO CARRY A PERCENTAGE OF SALES PRICE WITH AN INTEREST RATE OF 8% FOR A TERM OF 48 MONTHS. The seller will also stay with the company and a minimum capacity public relations with a predetermined Employment contract after the initial changing of the Baton from seller to buyer. THE AMBULANCE COMPANY IS ALSO OFFERING THE TWO ACRES /- DOWNTOWN PROPERTY WITH THE 12,000 SQUARE FOOT BUILDING THAT HOUSES THE COMPANY FOR ONLY $600,000 IF PURCHASED WITH BUSINESS. BUYER AND SELLER TO NEGOTIABLE DIRECTLY WITH EACH OTHER IN REGARDS TO THE REAL ESTATE. Vested business brokers will be handling the sale of the business only and will not be responsible and held up to the terms and condition of the real estate purchase. If the buyer wishes to lease the property as an option to purchase, it will lease for $3,500 per month with an automatic lease approval upon acceptable offer from the buyer and final approval of the seller. NOTICE TO ALL AMBULANCE AND MEDICAL TRANSPORTATION BUYERS - THIS IS WHAT EVERY COMPANY IS LOOKING TO ACQUIRE. PLEASE CALL TODAY!!! BECAUSE THIS COMPANY WILL BE ACQUIRED VERY SOON ONCE THE WORD GETS OUT. SO CALL RICK MURRAY TODAY AT VESTED BUSINESS BROKERS 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.