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Non-Emergency Medical Transportation Business
Location: United States -> New Jersey -> Essex County
Industry: Business Services > Transportation – Airplane, Taxi, and Limousine




Business Summary

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.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,200,000
Cash Flow:   $300,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2014
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Other

Photos

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Non-Emergency Medical Transportation Business Photo 1 Non-Emergency Medical Transportation Business Photo 2




Print Listing Id: 700321542


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Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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