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Business for Sale Summary

Medical Transportation Business for Sale in NY - 35824

Business Type: misc. service/non-classifiable,other personal services,passenger transportation / limo/ bus companies,passenger transportation / ambulette
Medical Transportation Business for Sale in NY
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Financial Information (non-confidential)

General Information
Asking Price $600,000 Down Payment $600,000
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

$600,000 Down and

Business Description

This Westchester County New York company is a Medicaid transportation company providing specialized service for wheelchair, dialysis, disabled and day treatment patients. It has contracts with various New York State Medicaid brokers most notably MAS and ModivCare and serves Private Pay patients as well. It is licensed to operate by the New York State Department of Transportation and has a Para Transit Base TLC license to operate in the five boros of New York for which new licenses are no longer being issued. Volume and profits are up 15% over 2022 and added business is being turned away as the owners of this highly profitable company are seeking to retire after more than 20 years in the business. The business comes equipped with nine relatively new wheelchair vans. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers 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.