Business for Sale Summary
Ambulette Company in Suffolk County ,NY - 25410
Business Type: other business services,misc. servicel/non-classifiable,passenger transportation / ambulette
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $4,300,000 | Down Payment | $3,000,000 |
| Gross Revenues | $4,877,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $950,000 | Number of FT Employees | Register Free to View |
Financing
$3,000,000 Down and $1,300,000 over 5 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. 70,000 trips w/o day care. Out of state transport. 5 dispatchers. DOT facility and DOT garage. Opportunity to add Hospital overnight discharges. 130 clients go to treatment 3x-5x per week. Adult day care daily. All numbers are verifiable. Owners keep their AR and will clear payables and buyer will assume vehicle payments. 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.. Private Equity buyers from outside NYC area will not be considered. Relevant business experience and proof of funds of at least $1.5m is required. Contact broker Joseph Stansky at 1 (877) 735-5224 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.
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