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Business for Sale Summary

Medical Transport Business for sale in NJ - 33544

Business Type: healthcare related services,home-based business,seller financing available,passenger transportation / ambulette
Medical Transport Business for sale in NJ
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Financial Information (non-confidential)

General Information
Asking Price $280,000 Down Payment $180,000
Gross Revenues $240,000 Lease Remaining Register Free to View
Owner’s Cash Flow $72,000 Number of FT Employees Register Free to View

Financing

$180,000 Down and Seller will determine terms with qualified buyers

Business Description

This Camden County, New Jersey medical transportation company spent one full year obtaining its state license and now, one full year in operation, its an absolute model for all such companies in the medical transportation business. All of its business is Private Pay Medicare. It has yet to transport a single state-paid Medicaid patient although it may well do so in the future to fill in its' drivers routes. I believe this company would remain servicing the Medicare and Private Pay business exclusively were it not for the fact that the main principal who is solely responsible for obtaining these higher paid accounts is now offering this business for sale. He, along with five siblings, are part of a large granite home building and South Jersey construction business that occupies his time. To remain in the medical transportation business, he would have to add vehicles, develop staff and work this business full-time and that he has chosen not to do. Included in the sale are six wheelchair vans, two minivans, one SUV and two sedans.

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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.