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Business for Sale Summary

High End Ambulette Business for sale in NJ - 34118

Business Type: passenger transportation / ambulette
High End Ambulette Business for sale in NJ
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Financial Information (non-confidential)

General Information
Asking Price $9,000,000 Down Payment $9,000,000
Gross Revenues $5,000,000 Lease Remaining Register Free to View
Owner’s Cash Flow $2,000,000 Number of FT Employees Register Free to View

Financing

$9,000,000 Down and

Business Description

A high-end medical transportation company located in Passaic County, New Jersey is available. This company services hospitals and a multitude of nursing homes, private pay individuals and insurance companies. Not fazed by the pandemic in 2020, sales continue to climb in 2021. All vehicles are parked overnight in a 3,000 sq. ft. garage and are well maintained by employed mechanic and maintenance personnel. Growth opportunities are abundant and significant. This company is financially sound, debt-free, well-stocked with vehicles and drivers and highly regarded in the industry. It has the structure and position to absorb smaller medical transportation companies on the market whose businesses were impacted by Covid-19. Further opportunities encompass entry into the lucrative 911 emergency transportation business, expansion into neighboring counties, and the use of social media to drive private pay revenues. The owners are looking to cash-out. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers at 646-269-4616.

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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.