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Business for Sale Summary

NonEmergency Medical Transport Business in NJ - 33589

Business Type: passenger transportation / ambulette
NonEmergency Medical Transport Business in NJ
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Financial Information (non-confidential)

General Information
Asking Price $250,000 Down Payment $250,000
Gross Revenues $260,000 Lease Remaining Register Free to View
Owner’s Cash Flow $75,000 Number of FT Employees Register Free to View


$250,000 Down and

Business Description

A non-emergency medical transportation company in Essex County, New Jersey is available for purchase. This company is a spin-off of a school bus and ambulance company and, since it is profitable in its own right, it is being sold separately. This company is licensed by the State of New Jersey (Basic Life Support and Mobile Life Support) and with state Health Department approval has contractual rights to transport Medicaid patients to and from their residences and treatment facilities which it now does in Essex and Union Counties, New jersey. This service can be extended to any county in Jersey simply by phone call notification to the state agency that manages the activity. The Medicaid transportation needs of the state are not being fulfilled in any county in the state, Essex and Union Counties included. Growth opportunities are plentiful within the counties served by adding vehicles or hours of operation or by expansion to other counties. This is a fractured industry and it is ideal for the roll-up of small companies. And the company can offer non-emergency medical transportation services to the more lucrative Medicare, Private Pay and Insurance company patients as well. Ownership is seeking to retire after eleven years in this business and twenty-five years in the bus company business. 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.

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.