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Business for Sale Summary

Ambulette and Transport Company - 25410

Business Type: service businesses,other business services,misc. servicel/non-classifiable,passenger transportation / ambulette
Ambulette and Transport Company
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Financial Information (non-confidential)

General Information
Asking Price $5,700,000 Down Payment $4,000,000
Gross Revenues $5,100,000 Lease Remaining Register Free to View
Owner’s Cash Flow $1,500,000 Number of FT Employees Register Free to View

Financing

$4,000,000 Down and $1,700,000 over 7 years @ 6%

Business Description

Top 10 Ambulette and Transport Company. Has Medicaid license for 5 boroughs of NYC which aren't used. Turns away many Queens and Brooklyn calls. 145 Dialysis clients generates $1.5m per yr. 80,000 trips w/o day care. Out of state transport. 5 dispatchers. DOT facility and DOT garage. Opportunity to add Hospital overnight discharges. 145 dialysis clients go to treatment 3x per week. Adult day care daily. All numbers are verifiable. Proprietary Software program. Owns Important and VALUABLE NATIONAL web site URLs and 800 tel numbers. No new Medicaid licenses are available.Seller turns away work and could add ten ambulettes immediately. Business just added three new Vans.State increase in fall of 2015 of $2 per Medicaid mile(500,000 miles)- will add $1m to gross and $750k to net in 2016. This profile projects the additional $1m in revenue and $750k net per Medicaid mileage increase. In 2016 90 more calls per day from new contracts and 2,345 more calls than prior year. Contact broker Joseph Stansky for more details. Relevant business experience and proof of funds of at least $1.5m is required.

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.