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Business for Sale Summary

Medical Transport Company - 27641

Business Type: misc. servicel/non-classifiable,passenger transportation / ambulette,new to market,seller financing available,healthcare related services
Owner Financing
Medical Transport Company
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Financial Information (non-confidential)

General Information
Asking Price $3,400,000 Down Payment $2,500,000
Gross Revenues $2,750,000 Lease Remaining Register Free to View
Owner’s Cash Flow $723,116 Number of FT Employees Register Free to View

Financing

$2,500,000 Down and 900k over 5 years 2%

Business Description

20 Vehicle Medical Transport Company. Est. 20 years. 75% dialysis/chemo patients.Sales growing 10-15% per year. Recent large large mileage reimb increase of $2 per medicaid mile will add significantly to bottom line. Also does some non medical recreation r/t for weddings and holidays etc. High driver retention. GPS in each vehicle. State of the art software an dispatch system.Owner is semi absentee and can supervise operation and assist from his phone wherever he is. Very little marketing and they turn away work. NO FINANCIALS WITHOUT PROOF OF FUNDS FOR A MEETING WITH THE OWNER. FULL TIME OPERATOR IS REQUIRED. Relationships with social workers and institutions. No adult day care- huge opportunity. NO credit cards accepted. Most major insurance companies.Nassau and Suffolk licenses. 70% medicaid/30% private pay/ins.Does hospital discharge.Contact broker Joseph Stansky for more details.

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.