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Business for Sale Summary

Medical Transportation Company For Sale in NJ - 35524

Business Type: healthcare related services,misc. service/non-classifiable,other business services,passenger transportation / limo/ bus companies,passenger transportation / ambulette
Owner Financing
Medical Transportation Company For Sale in NJ
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Financial Information (non-confidential)

General Information
Asking Price $1,500,000 Down Payment $1,000,000
Gross Revenues $1,837,000 Lease Remaining Register Free to View
Owner’s Cash Flow $430,000 Number of FT Employees Register Free to View


$1,000,000 Down and balance of $500k for 30 months @ 8%.

Business Description

The medical transportation business is a fragmented industry in New Jersey served predominantly by hundreds of small privately held businesses. Growth opportunities are plentiful within the counties served by adding vehicles and hours of operation; by accommodating the state with respect to the unusual or unscheduled, by extending service to neighboring counties, or by expanding the services to include wheelchair and non-emergency ambulanceservices. Whichever service is offered, there is often a need for later hours or weekend hours. And the opportunity to grow by absorption of smaller companies is ever present. It is difficult to imagine a business sector that offers more value for its price and greater growth opportunity. The owner of this highly profitable company is seeking to retire after 25 years in the business. The company operatesin Hudson County, New Jersey. it has numerous state licenses, a New Jersey State Medicaid contract and comes equipped with two ambulances, six minivans and ten wheelchair vans. 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.