Fast-Growing Medical Transportation & Taxi Company - 37808

Financing

$4,500,000 Down and

Business Description

Fast-Growing Medical Transportation & Taxi Company — $4.56M Projected Revenue, 30-Vehicle Fleet

Starting in 2021 with one TLC license and one Prius, the owner of this company recognized the lack of area transportation services during and following COVID and has developed this business in response. The result was a 27 vehicle, $3.6 million company for CY2025 climbing to 30-vehicles, $4.56 million for CY2026 based on achieved results through eight months and the growth in place.

The company offers taxicab and medical transportation service in Rockland and Westchester Counties and the 5 boroughs of New York. It has 10 TLC Licenses, NYDOT and Medicaid authorization.

Its growth is fueled in part by the business it receives from as many as 15 nursing homes, most of which are under contract. It  has  10 TLC Licenses, Medicaid and NYDOT authorization.

Management structure includes dispatch, compliance, fleet   management and secretarial. Billing is outsourced. The fleet is relatively new, many of the vehicles are 3=years old or newer. 

All income and expenses are reported and the business is financeable.

For more information, contact Gerald Nimberg at gnimberg@vestedbb.com or 646-269-4616

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