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Business for Sale Summary

Ambulette Company in Suffolk County, NY - 33609

Business Type: other business services,misc. service/non-classifiable,passenger transportation / ambulette
Ambulette Company in Suffolk County, NY
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Financial Information (non-confidential)

General Information
Asking Price $2,500,000 Down Payment $2,500,000
Gross Revenues $2,800,000 Lease Remaining Register Free to View
Owner’s Cash Flow $778,000 Number of FT Employees Register Free to View

Financing

$2,500,000 Down and

Business Description

Top 10 Ambulette and Transport Company. Has a Medicaid license for 5 boroughs of NYC which aren't used. Turns away many Queens and Brooklyn calls. 60,000 trips w/o day care. Out of state transport. 5 dispatchers. DOT facility and DOT garage. Opportunity to add Hospital overnight discharges. 130 dialysis clients go to treatment 3x-5x per week. Adult day care daily (only 10% of business). All numbers are verifiable. The gross and net income numbers in the profile represent 2019 pre -Covid numbers. In 2021 the seller has 28 vans on the road and gross sales are expected to be approx $2.8m. Owners keep their AR and will clear payables and buyer will assume vehicle payments. Proprietary Software program integrated with Medicaid.Owns Important and VALUABLE NATIONAL web site URLs and 800 tel numbers. No new Medicaid licenses are available. Seller turns away work and could add ten ambulettes immediately. .SBA funding is not available and won't be considered. Relevant business experience- transport or healthcare. Proof of funds of at least $1.5m is strictly required for a meeting with the owners. Private equity will not be considered unless they have local(NYC/LI) operational transport or healthcare background. To learn more, please contact the broker Joseph Stansky at 631-383-3109.

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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.