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Business for Sale Summary

Medical Transport Business for sale in NJ - 33798

Business Type: healthcare related services,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 $700,000 Down Payment $700,000
Gross Revenues $1,935,000 Lease Remaining Register Free to View
Owner’s Cash Flow $253,000 Number of FT Employees Register Free to View

Financing

$700,000 Down and Buyer to assume remaining debt on vehicles in the amount of $250,000.

Business Description

Acquired just a few years ago, this 10-year-old high-end medical transportation company headquartered in Union County, New Jersey is available for purchase. Situated in newly constructed, spacious offices and maintenance garage, the business combines a licensed wheelchair non-emergency medical transportation company with an ambulatory service provider into one super company. The company services Hudson and Essex Counties principally and Union and Camden Counties to a far lesser extent; thus, the offices can be relocated particularly since the company's drivers work long hours beginning at 4 am each day and take their vehicles home obviating the need for a central office. The business comes with 12 relatively new wheelchair vans, 2 ambulances, 9 minivans and a commensurate number of drivers, aides, office staff and mechanic as well as Medicare (NPI), non-emergency Basic Life Support (BLS), and mobile assisted vehicle (MAV) licenses. The seller owns a number of businesses that occupy his attention and has now decided to sell. Seller financing is available to a qualified buyer. For more information contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers.

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.