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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,assets only sale
Medical Transport Business for sale in NJ
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Financial Information (non-confidential)

General Information
Asking Price $200,000 Down Payment $100,000
Gross Revenues $200,000 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$100,000 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, it is an absolute model for all such companies entering the medical transportation business. All of its business is Private Pay and 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. At this level of volume, this company is overequipped. It has enough vehicles and drivers to double in size if it delves into the state paid Medicaid business, or to triple in size if it keeps its focus on Medicare and Private Pay. It generates enough revenue to pay down the debt on three recently purchased minivans with money left over to pay for part-time help to do bookkeeping, billing and customer service work. Little if any of that is needed at this level. And it can operate out of the owner’s home or a small 200 sq. ft. office. Contacts with nursing homes and a rehab center have been maintained and will resume once the Covid vaccinations take hold. Included in the sale are three fully equipped wheelchair vans. This is an ideal acquisition for a start-up company and better yet for merger into an existing medical transportation or school bus company. Seller financing is available for a qualified Buyer. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers at 646-269-4616.

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.