Medical Transportation / Ambulette - Highly Profitable
Location:
United States
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New York
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New York City Area
Industry: Business Services > Transportation – Airplane, Taxi, and Limousine
Business Summary
The target company is a Medical Transportation business that provides ambulette services to the New York City Metro area and is one of the leading producers of revenues and earnings in its industry. The business has been established for over 20 years and is very profitable. In the last 3 years the business has nearly tripled its growth and profitability. It produces over $3MM in revenue and produces a little over $1MM in clean earnings. All revenue is on the books and the majority of the business is funded by Medicaid. The company employs 34 drivers and 12 additional employees which includes administrative assistants, dispatchers, and field workers. The transaction includes the goodwill, which is made up of 100+ accounts, and 34 vehicles, which are in strong working order. It also includes transfer of the Medicaid provider's license which has a value of $250,000. Contact for more information on this Medical Transportation / Ambulette business for sale.
Financials
Asking Price Range: $2.5M - $5.0M
Gross Revenues:
$3,100,000
Cash Flow:
Seller Will Provide
Cash Flow Type: EBITDA
Seller Financing: Not Disclosed
About The Business
Year Established: 1988
Number of Employees: 35 - 49
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Reason For Selling: Transition and poor health.
Click on the "I'm Interested" button above for more information on this Business Services > Transportation – Airplane, Taxi, and Limousine business for sale.
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Print Listing Id: 70089713
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