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Business for Sale Summary

Medical Transportation Business-Hudson County, NJ - 30193

Business Type: service businesses,healthcare related services,misc. servicel/non-classifiable,other business services,passenger transportation / ambulette,passenger transportation / limo,health/medical/dental practices
Owner Financing
Medical Transportation Business-Hudson County, NJ
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Financial Information (non-confidential)

General Information
Asking Price $725,000 Down Payment $725,000
Gross Revenues $885,000 Lease Remaining Register Free to View
Owner’s Cash Flow $285,000 Number of FT Employees Register Free to View

Financing

$725,000 Down and

Business Description

This Hudson County, New Jersey medical transportation business transports patients to and from treatment facilities. Trips are assigned to each transportation company in the United States by a national agency, established for that purpose. The company has an impressive fleet of 15 vehicles, including 11 wheelchair vans and three minivans, and is licensed to operate throughout the state. Highly profitable as it is, this company brings not only value for its price, but unprecedented growth opportunity. The medical transportation business is a fragmented industry, served predominantly by small private businesses. In this industry, the need for this service is not being met, as demand is far greater than supply. A buyer can grow this business by adding additional routes, judiciously to existing routes, or by adding one vehicle and driver. He can also grow exponentially by adding days of service, ambulance service, operating in additional counties, and rolling up smaller companies through acquisition. The marketplace will more than accommodate. Less than three years old, this company has doubled the size of its fleet and, in the process, tripled its profits. It is difficult to imagine a business that offers more value for its price and greater growth opportunity. Please contact the broker at 1-877-735-5224.

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.