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Business for Sale Summary

Medical Transportation Business for Sale NJ - 30801

Business Type: healthcare related services,misc. servicel/non-classifiable,passenger transportation / ambulette
Owner Financing
Medical Transportation Business for Sale NJ
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Financial Information (non-confidential)

General Information
Asking Price $300,000 Down Payment $200,000
Gross Revenues $300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $75,000 Number of FT Employees Register Free to View

Financing

$200,000 Down and 100K at 0% for 1 year

Business Description

Seller financing offered. The sellers will remain to drive and manage all aspects of the business to smooth transition. Located in Middlesex County, New Jersey, this 25-year old medical transportation company is now available. The Company transports non-emergency Medicaid patients to and from their residences to medical treatment facilities and back. This business is licensed by, contracted with and paid by the state of New Jersey. The Company provides its services to Medicaid patients in Middlesex, Somerset and Union Counties. Patient lists including date, time, pick-up and destination points are prepared daily by the State several days in advance and are offered to the Company for their selection. The business had been growing very well; took a step back due to the Pandemic and now is working its way back to the levels achieved historically. The financials presented are current and are likely to be dated by the time this Listing is viewed. The profit potential in this business is substantial. Once again, add cars and drivers and grow it as fast as desired. 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. For more information, please call Gerald Nimberg at 646 269 4616 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.

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.