1. Home
  2. Businesses for Sale
  3. New Jersey
  4. Passenger Transportation / Ambulette

Business for Sale Summary

Non-Emergency Medical Transportation in NJ - 31242

Business Type: passenger transportation / ambulette
Owner Financing
Non-Emergency Medical Transportation in NJ
Get Instant Access to the Business Financial Information

Take Action

This Listing Has Not Been Added to Your Portfolio Add this listing to your portfolio to view confidential financial info
View Financials Free Get the Address Click Here
*Some information is only available to registered members. Please login or register to view confidential information.
This business has received 34 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $1,075,000 Down Payment $675,000
Gross Revenues $1,200,000 Lease Remaining Register Free to View
Owner’s Cash Flow $300,000 Number of FT Employees Register Free to View

Financing

$675,000 Down and

Business Description

A non-emergency medical transportation company servicing Essex and Sussex County, New Jersey has just come on the market. This business provides bus transportation for school and special needs children and ambulatory vehicle transportation for handicapped children as well as transportation for non-emergency Medicaid patients in Essex and Union Counties. This business is very profitable since the licensing requirements, school bus driver and Medicaid driver qualifications along with the cost of buses, wheelchair vans and the high cost of insurance all of which limit competition. This business can expand in any number of ways. The Medicaid transportation needs of the state are not being fulfilled in any county in the state, Essex and Union Counties included. This long-standing transportation company has the license, experience, vehicles and drivers to grow within the counties it currently serves. And, that growth potential is enormous. Or, it can expand to any other county within the state. Moreover, it has four ambulances and the drivers to serve the emergency medical, Medicare and private sector markets such as nursing homes, veterans homes, assisted living facilities and other school districts as well. There is so much more Medicaid, Medicare and private patient transportation business than the current service providers now fill and, since the industry is served by small, independently owned companies, the roll-up opportunities are equally prominent. This is a turnkey operation; drivers and essential staff will remain. Seller financing is available to a qualified buyer. Please contact the broker, Gerald Nimberg at Vestedbb.com or at 646-269-4616.

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.