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Business for Sale Summary

Non-Emergency Medical Transportation - 36740

Business Type: healthcare related services,misc. service/non-classifiable,other personal services,owner financing available,passenger transportation / ambulette
Owner Financing
Non-Emergency Medical Transportation
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Financial Information (non-confidential)

General Information
Asking Price $1,000,000 Down Payment $750,000
Gross Revenues $2,200,000 Lease Remaining Register Free to View
Owner’s Cash Flow $250,000 Number of FT Employees Register Free to View

Financing

$750,000 Down and $250k for 60 months @ 7%

Business Description

Turn-key Business, Seller financing available to a qualified Buyer. Established in 2014, this Bergen County New Jersey based Non-Emergency Medical Transportation (NEMT) company provides wheelchair and ambulatory transportation services. The business operates a fleet of 22 vehicles, 21 drivers and a staff of 3 who handle dispatch, bookkeeping and billing. The vehicles are included in the sale as well as the licenses to provide wheelchair services anywhere in the state. The company enjoys active contracts with 10-11 entities including a diverse clientele of transportation brokers, dialysis centers, nursing homes, assisted living facilities, schools and private pay individuals. Expansion opportunities are significant in all areas and even more so in the area of the schools. The owner, drivers and staff are willing to stay on board. Financial details will be shared during due diligence. For more information, contact broker Gerald Nimberg, Senior Business Broker, Vested Business Brokers at 646-269-4616.

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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.