Established Non-Emergency Medical Transportation Business

Featured on BusinessForSale.com . 3 viewed

Asking Price

$1,600,000

FOR SALE - ACTIVE

Detailed Information

Location

New York, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This established non-emergency medical transportation business, licensed in Rockland and surrounding counties, has been operating for 16 years. The business serves various facilities and appointments, including dialysis centers, nursing homes, and doctor's offices. The fleet consists of 10 well-maintained vehicles, averaging 200 trips per day. The owner will provide training to the new owner, and all contracts are active with experienced drivers willing to stay on. With a revenue of approximately $1.5 million annually, the business net profit is over $400,000. The company utilizes software integrated with Medicaid for trip scheduling and billing. Recent expansion plans include adding 4 new vans due to increased demand, as well as opportunities arising from competitors closing during COVID-19. The business has exclusive contracts with multiple facilities and opportunities for further growth. Seeking a local owner operator with transport or senior care experience, the seller is looking for someone with a background in public pay services. The business, which is not bank-f

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