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Business for Sale Summary

Ambulette Company - 25203

Business Type: service businesses,health/medical/dental practices,healthcare related services,misc. servicel/non-classifiable,other business services,special situations,best deals!,new to market,seller financing available,passenger transportation / ambulette
Owner Financing
Ambulette Company
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This business has received 187 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $600,000 Down Payment $600,000
Gross Revenues $160,000 Lease Remaining Register Free to View
Owner’s Cash Flow $90,000 Number of FT Employees Register Free to View

Financing

$600,000 Down and Negotiable

Business Description

THIS IS A ONCE IN A LIFETIME OPPORTUNITY FOR AN AMBULETTE/PARATRANSIT BUYER who is aware of the differences between a Base license, TLC license, DOT Authority, and getting a MEDICAID provider number for NOT JUST Livery Services BUT ALSO for Ambulette/Paratransit services. THIS COMPANY CAN BE ACQUIRED FOR A VERY LITTLE CAPITAL INVESTMENT WHICH ALLOWS THE BUYER TO GAIN ACCESS TO ALL OF THESE LICENSES TO SERVE ALL FIVE NYC BOROUGHS (New York City, Manhattan, Queens, Brooklyn, Bronx, and Staten Island) and NASSAU and SUFFOLK COUNTIES. The licenses for these counties has been unofficially appraised more than a few times at $250,000 per area and the 5 boroughs license from $300,000 to $1M for the license alone. In addition, to all of the licenses and the locations being sold at one time with a MEDICAID provider number, this company belongs to no fault insurance panels and Workers Compensation Panels which means that they also get paid directly from insurance companies and workers compensation. But wait, It gets even better because this company is zero loss funds with A Insurance rates. This business gets paid by all the great insurance companies such as GEICO, State Farm, All State, Medicaid, Workers Compensation, and also by private companies as well. This now brings up the next attribute about this transport company which is that they deal with major private companies, that will not be named, and is about to take on a Dialysis Company with over 240 patients. So only knowledgeable buyers need to inquire if they are looking to open or expand their existing practice of transporting persons that need a ride to a medical facility with little assistance or great assistance, persons that are amputees, persons that need stretchers, persons that are on oxygen, persons that need dialysis, and the list goes on and on. Also, this company just signed up with some major Home Care Agencies and Managed Care Plan companies that excepts Medicare. This company has already added Elder Serve, I.C.S., Logisticare, and has been asked by Metro Health Plus with over a million members to apply this company will be forced to activate this business back into full swing do to the size of the accounts, and use her approved lines of credit to order more Ambulette vehicles with stretchers. The major Managed Health Care Company is huge. So quick overview this business has National Provider Identifier Number which is easier to obtain federal contracts, all licenses, Medicaid, Medicare, insurance panels, worker's comp panels for all 5 boroughs and Suffolk and Nassau, A insurance rating, lines of credit, and working capital being offered to new partner or new owner. The seller will consider a partnership ONLY TO A HIGHLY QUALIFIED buyer with the funds to purchase a 50% minimum ownership, a strong business plan, working capital, and the ability to obtain and manage personnel. The seller would prefer to sell company in total due to another company already owned, but will entertain this option with the right buyer. Once again, the combination of licenses and locations being offered cannot be obtained today period. Also, time is the most important commodity today so doesn't waste it when a quick closing can be achieved with purchasing this company. The few staff presently operating this company, which hold EMT licenses and the few vehicles that are being offered is not the determination of the value of this company. An experienced medical professional, existing transporter, health administrator, Medicaid executive, DOT manager, and physician would be perfect candidates to acquire this business and take it to the next level. Only serious and capable buyers inquire.

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.