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Business for Sale Summary

Transportation Business for Sale in Essex County, - 32016

Business Type: passenger transportation / ambulette
Transportation Business for Sale in Essex County,
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Financial Information (non-confidential)

General Information
Asking Price $550,000 Down Payment $550,000
Gross Revenues $520,000 Lease Remaining Register Free to View
Owner’s Cash Flow $75,000 Number of FT Employees Register Free to View

Financing

$550,000 Down and

Business Description

Headquartered in Essex County, New Jersey and serving Essex, Union, Passaic and Hudson Counties, this ten-year- old non-emergency medical transportation company has come on the market. Under contract with the state, this company transports ambulatory Medicaid patients to and from their residences and their treatment facilities. Service is provided by 26 minivans all in good working condition. This is a high volume, high margin company whose sales have grown constantly since inception. This is a fully staffed turnkey operation including the dispatcher, patient care phone service reps, a compliance officer, a billing clerk and a scheduler in addition to twenty-six full-time drivers. The owner wishes to return to his native country in Africa, but he will stay for some period of time at the buyer’s discretion. For more information, call Gerald Nimberg at 646-269-4616.

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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.