Ambulette Company in Suffolk County, NY - 33609
Business Type: other business services,misc. service/non-classifiable,passenger transportation / ambulette
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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $2,500,000 | Down Payment | $2,500,000 |
Gross Revenues | $3,600,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $778,000 | Number of FT Employees | Register Free to View |
Financing
$2,500,000 Down and
Business Description
Top 10 Ambulette and Transport Company. Has a Medicaid license for 5 boroughs of NYC which aren't used. Turns away many Queens and Brooklyn calls. 60,000 trips w/o day care. Out of state transport. 5 dispatchers. DOT facility and DOT garage. Opportunity to add Hospital overnight discharges. 130 dialysis clients go to treatment 3x-5x per week. Adult day care daily (only 10% of business). All numbers are verifiable. The gross and net income numbers in the profile represent 2019 pre -Covid numbers. In 2021 the seller has 28 vans on the road and gross sales are expected to be approx $2.8m. Owners keep their AR and will clear payables and buyer will assume vehicle payments. Proprietary Software program integrated with Medicaid.Owns Important and VALUABLE NATIONAL web site URLs and 800 tel numbers. No new Medicaid licenses are available. Seller turns away work and could add ten ambulettes immediately. .SBA funding is not available and won't be considered. Relevant business experience- transport or healthcare.
Proof of funds of at least $1.5m is strictly required for a meeting with the owners. Private equity will not be considered unless they have local(NYC/LI) operational transport or healthcare background. To learn more, please contact the broker Susan Murtagh at 631-747-3500.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
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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.
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