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Business for Sale Summary [Non-Confidential]

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Essex County, NJ

Business Type: services businesses,passenger transportation/ambulette,misc. servicel/non-classifiable

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Non-Confidencial Financial Infomation

  • Asking Price

    $2,000,000.00

  • Gross Revenues

    $1,314,690.00

  • Financing

    $ 1,500,000.00 Down and $500,000.00 at 8% over 60 months

  • Owner's Cash Flow

    $718,420.00

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Business Description

Well established, Bergen County New Jersey, very profitable and growing ambulette business! Established for over 10 years, the current owner has increased revenues consistently. There are numerous opportunities to continue this growth trend and establish this business as the premier medical transportation business in the area. Profitability of the traditional Medicaid business has increased with the recent rate increases. Company has a solid customer base with strong community ties. There is a lot of room to expand and increase revenues. Business is currently operating with 11 vehicles.

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