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Business for Sale Summary

Medical Transportation Business for sale in NJ - 34577

Business Type: healthcare related services,passenger transportation / ambulette
Medical Transportation Business for sale in NJ
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Financial Information (non-confidential)

General Information
Asking Price $1,250,000 Down Payment $250,000
Gross Revenues $780,000 Lease Remaining Register Free to View
Owner’s Cash Flow $200,000 Number of FT Employees Register Free to View

Financing

$250,000 Down and $1m at 5% for 60 months

Business Description

Bankable, High Margin and Extraordinary Seller financing Offered! A medical transportation company headquartered in Essex County, New Jersey, that offers land transport ambulance service as their primary medical specialization is available. Non-emergency ambulance service is offered for Medicare patients in need of Dialysis Radiation, Wound Care and Wheelchair Services. Licenses include NPI, National Provider Identification, and non-emergency BLS, Basic Life Support. Its business is all high-margin Medicare, insurance company and Private Pay and nominally BLS Medicaid. Medicare ambulance and wheelchair van charges average $200.00 per trip and Private Pay and Medicaid BLS transportation charges average $100.00 per trip, nearly five times typical ambulatory Medicaid charges.High margin business requires a relatively low component of drivers and staff resulting in a very profitable business. This company has that and more. Its Income is well-documented, and the business would financeable. The sale includes licenses, customer contracts, vehicles- five ambulances and two wheelchair vans- all in good working order- AND a trained crew of EMT drivers and staff. The owner began as an EMT driver and started the business from scratch seven years ago and has developed other interests but management and some equity participation may be possible. For more information on this listing, call Gerald Nimberg at 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.