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Business for Sale Summary

Ambulette Transportation Business in Kings County - 30345

Business Type: healthcare related services,misc. service/non-classifiable,other personal services,passenger transportation / ambulette
Owner Financing
Ambulette Transportation Business in Kings County
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Financial Information (non-confidential)

General Information
Asking Price $900,000 Down Payment $600,000
Gross Revenues $1,450,000 Lease Remaining Register Free to View
Owner’s Cash Flow $250,000 Number of FT Employees Register Free to View

Financing

$600,000 Down and Balance of $300k with terms tbd

Business Description

Attention serious and financially-qualified buyers! Don't miss this incredible opportunity to acquire a well-established and highly profitable Ambulette Transportation business located in Brooklyn. With a successful track record since 1994, this business generated a remarkable $1.45 million in gross revenue last year, resulting in $200,000 in net profit for its owners. What's more, all 20 ambulette vehicles are fully paid for and have an estimated residual value of approximately $300,000. Rest assured, the dedicated team of drivers and administrative staff are eager to continue their employment should you decide to retain them. The majority of the customer base, around 90%, is concentrated in Brooklyn, with the remaining clientele dispersed across Manhattan, Queens, and Staten Island. Notably, insurance-based services account for a staggering 98% of the business's revenue. To take the next steps and learn more about this exceptional opportunity, please obtain the address for this listing and contact Gerald Nimberg, the listing broker, to arrange an initial meeting with the sellers. Kindly refrain from visiting the business location without scheduling an appointment first, as there is no physical storefront. If you are new to Vested Business Brokers, please visit www.vestedbb.com to become a registered buyer under listing 30345 at no cost.

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.