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Ambulette Company In Suffolk County For Sale

Suffolk County, New York, US
Asking Price:
$2,500,000 Inventory / Stock included
Sales Revenue:
$2,800,000
Cash Flow:
$778,000

Top 10 Ambulette and Transport Company. Has 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.

Attention Business Owners: 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 to discover the difference that is Vested Business Brokers.

Business Operation

Reasons for selling:

Health and Retirement

Employees:
65FT/27PT
Years established:
2012

Other Information

Support & training:

Seller will train

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

2,500,000.00 Down & Balance financed over 5 years at 6% to a qualified buyer.

Furniture / Fixtures value:
$832,000

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