Medical Transportation Business for Sale in NY
Westchester County, NY

Financing: $850,000.00 Down and

Reason for Selling:Retirement

The owners of this highly profitable company are seeking to retire after more than 20 years in the business. The company’s office is in Westchester County, New York and operates there and (principally) in the Bronx. It has a Para transit Base TLC license that enables it to operate in the 5 boroughs of New York; there are no new TLC licenses being issued. Through eight months of 2023 the business is up over 2022 by more than 15% by adding another vehicle and driver. Adding drivers in this region is not an issue, the company need only add vehicles; however, ownership has chosen to sell and retire rather than continue to build. Indeed, the company cannot handle the Medicaid business offered to it and places a STOP ORDER on additional business each day as it fills to capacity. Nor can it extend service to the other four boroughs or take on more Private Pay or Elder Care service. The reward to a buyer that is financially able to grow this business is substantial. 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.

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.