Very Profitable Medical Transportation Company - 20592
Business Type: owner financing available,absentee business,passenger transportation / ambulette,professional services
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $475,000 | Down Payment | $375,000 |
| Gross Revenues | $403,301 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $166,565 | Number of FT Employees | Register Free to View |
Financing
$375,000 Down and $100,000 @ 8% over 5 years
Business Description
Very Profitable medical transportation established for 5 years with a sterling record with the department of health. Providing transportation for medical patients to and from all medical facilities. Patients could be wheelchair, ambulance, emergency, non-emergency. The state pays every 2 weeks checks for the patients driven to and from (every dollar is verifiable). The new buyer could expand by committing to longer distance trips outside of immediate area. Always more than enough work and the opportunity is only limited by the number of vehicles you have to handle the demand. Comes with 3 vans equaling $75,000. Payments are made on behalf of the patients via New York State Medicaid program or by the patients themselves.
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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