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Ambulance Wheelchair Transportation Emergency Non Er For Sale

Council Bluffs, Iowa, US
Asking Price:
$1,955,000 Furniture / Fixtures included
Sales Revenue:
$2,380,325
Cash Flow:
Available on request

Their primary services include ambulance
transportation (which makes up 80% of their services)
as well as wheelchair accessible or specialty transport,
event standby, and EMS education services. It is an
ambulance business that has Hospital, Nursing homes,
and VA contracts, serving both emergency and nonemergency calls. Their established staff includes 1
general manager, 2 division supervisors, 2 billing reps,
9 dispatchers, 13 medics, 31 EMTs, 6 drivers, and 2
mechanics. This business operates out of a 20,000
square feet combined garage and dispatch center. The
owner believes his responsibilities could be absorbed
by their general manager as this GM has handled their
responsibilities in the past. The owner has offered a
transition/ training period of 1 year. The purchase
includes all contracts, insurance agreements, 15
ambulances, 9 vans with medical equipment valued at
$1,200,000 plus over $350,000 in AR! The buyer
receives over $1.5 million in total assets for $460,000
cash down!
This business is important to the community it serves,
providing lifesaving services in a way that makes a
huge impact in their clients’ lives. Growth opportunities
for this business moving forward would include getting
involved with insurance contracts to offer community
paramedic services including home visits to decrease
individuals with a high rate of repeatedly needing
ambulance assistance. Priced at $1,955,000, with a
down payment of $460,000, a seller promissory note of
$350,000 and an earn out based on performance, this
business is primed to return new ownership high levels
of financial and operational success.

Property Information

Premises Details:

20,000 sq. ft. garage and dispatch center

Business Operation

Expansion Potential:

Growth Opportunities: Getting involved with insurance
contracts to offer community paramedic services including
home visits to decrease individuals with a high rate of
repeatedly needing ambulance assistance.

Reasons for selling:

Reason for Selling: Retirement

Employees:
60
Years established:
2010

Other Information

Support & training:

Seller Training Period: 1 year

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Buyer Down Payment $460,000
Seller Promissory note $350,000
Debt Absorption $845,000
Seller Earn out on Performance $300,000

Furniture / Fixtures value:
$1,580,264 - included in the asking price
Related Documents:
Relocatable:
This business can be relocated.