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Business for Sale Summary

Handicapped Transport Company in New York - 36083

Business Type: healthcare related services,misc. service/non-classifiable,other personal services,owner financing available,passenger transportation / ambulette
Owner Financing
Handicapped Transport Company in New York
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Financial Information (non-confidential)

General Information
Asking Price $3,200,000 Down Payment $2,500,000
Gross Revenues $2,300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $250,000 Number of FT Employees Register Free to View

Financing

$2,500,000 Down and balance of $700k for 60 months @ 2%

Business Description

This company is Licensed by the NYS Department of Transportation, accredited by the NYS Department of Health, TLC licensed to drive in the five boroughs of New York; it has contracts with the NY Agent, MAS, to transport Medicaid patients in the State and it has first-call contracts with numerous nursing homes in New York. These licenses along with a fleet of 30 vehicles, drivers, aides and staff of four are available to the lucky buyer. With 30 vans in operation and a strong presence in the Bronx, Manhattan and Westchester counties, the company is poised for rapid expansion in its market and expects more than 50% growth by years end. For further information, kindly reach out to our broker, Gerald Nimberg at 646-269-4616.

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