1. Home
  2. Businesses for Sale
  3. New York
  4. Passenger Transportation / Ambulette
Business for Sale Summary

Ambulette Company in Suffolk County ,NY - 33609

Business Type: other business services,misc. servicel/non-classifiable,passenger transportation / ambulette
Ambulette Company in Suffolk County ,NY
Get Instant Access to the Business Financial Information

Take Action

This Listing Has Not Been Added to Your Portfolio Add this listing to your portfolio to view confidential financial info
View Financials Free Get the Address Click Here
*Some information is only available to registered members. Please login or register to view confidential information.
This business has received 19 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $3,600,000 Down Payment $2,500,000
Gross Revenues $4,314,160 Lease Remaining Register Free to View
Owner’s Cash Flow $947,000 Number of FT Employees Register Free to View

Financing

$2,500,000 Down and $1,100,000 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. 60,000 trips w/o day care. Out of state transport. 5 dispatchers. DOT facility and DOT garage. Opportunity to add Hospital overnight discharges. 130 dialysis clients go to treatment 3x-5x per week. Adult day care daily (only 10% of business). All numbers are verifiable. During Covid operating at 75% capacity. 34 ambulettes/vans. Owners keep their AR and will clear payables and buyer will assume vehicle payments. Proprietary Software program integrated with Medicaid.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. .SBA funding is not available and won't be considered. Relevant business experience- transport or healthcare. Proof of funds of at least $1.5m is strictly required for a meeting with the owners. Private equity will not be considered unless they have local(NYC/LI) operational transport or healthcare background. Contact broker Joseph Stansky at 1 (877) 735-5224 for more details.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.