Medical Transport Business in Passaic County - 33139

Financing

$6,400,000 Down and

Business Description

This well-established ambulance company located in North Jersey is available for majority-purchase. The owner will sell 80% of his company and he and his management team will retain a 20% interest and the ability to manage the company going forward. The Owner will entertain all cash offers without benefit of third-party financing. Applicants seeking operating control need not apply. The company services hospitals, nursing homes, old age and assisted living facilities in Central and North Jersey. The company also provides services to major insurance company patients, Medicare and Medicaid patients and private pay individuals as well. Its mission is to provide medical transportation to individuals on a patient-driven basis rather than on a money-driven basis. And, on that basis, sales have shown steady increases from $10.4 million in CY2017 to $14.0 million in CY2023. For more information on this listing, please call Gerald Nimberg, Senior Business Broker, Vested Business Brokers, on 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.