Medical Transportation Company for Sale in NY - 35913 Business Type: healthcare related services,misc. service/non-classifiable,other personal services,owner financing available,passenger transportation / ambulette
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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $2,200,000 | Down Payment | $1,100,000 |
Gross Revenues | $1,300,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $390,000 | Number of FT Employees | Register Free to View |
Financing
$1,100,000 Down and balance with terms tbd
Business Description
Substantial Seller financing offered to a qualified buyer.
Fully reporting, the acquisition of this company can be achieved through internal and external financing.
Proof of Funds in a minimum amount of $700,000 is required.
The owners of this highly profitable company are seeking to retire after 10 years in the business.
The company operates in Westchester, Rockland and Orange Counties, New York.
It enjoys a NYS approved contract to transport Medicaid patients and is licensed by the NYS Department of Transportation and by the NYS Department of Health.
The business comes equipped with 17 relatively new wheelchair vans, 15 CDL approved drivers and a staff of three.
The medical transportation business is a fragmented industry in New York served predominantly by hundreds of small privately held businesses.
Growth opportunities are plentiful within the counties served by adding vehicles and hours of operation; by accommodating the state with respect to the unusual or unscheduled, by extending service to neighboring counties, or by expanding the services to include non-emergency ambulance services.
Whichever service is offered, there is often a need for later hours or weekend hours. And the opportunity to grow by absorption of smaller companies is ever present.
It is difficult to imagine a business sector that offers more value for its price and greater growth opportunity.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
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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.
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