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Business for Sale Summary

Medical Transportation Business - 30801

Business Type: service businesses,healthcare related services,misc. servicel/non-classifiable,passenger transportation / ambulette
Medical Transportation Business
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Financial Information (non-confidential)

General Information
Asking Price $448,000 Down Payment $448,000
Gross Revenues $1,040,000 Lease Remaining Register Free to View
Owner’s Cash Flow $200,000 Number of FT Employees Register Free to View

Financing

$448,000 Down and

Business Description

Located in Middlesex County, this 23-year old business has just come on the market. The company transports non-emergency Medicaid patients to and from their residences and medical treatment facilities, with New Jersey state authorization, and under state regulation, compliance and guidelines. The company provides its services to Medicaid patients in Middlesex and Somerset County. The growth and profit potential in this business is enormous. There is so much business of this kind in the state, and there are sufficient barriers to entry to the number of service providers, that existing providers can enjoy a long upward climb. The application for state authorization is difficult to get, the process is lengthy, and adherence to the guidelines and compliance requirements has taken most providers one to two years to achieve. Then there are the vehicles, drivers and mandated insurance requirements that must be met. Once achieved, the capital to acquire, insure and operate becomes the only barrier to growth. For more information, please call Gerald Nimberg at 1-877-735-5224 at 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. kg

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.