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Seller Financing, Turn-key OperationAcquired just a few years ago, this 10-year old high-end medical transportation company headquartered in Union County, New Jersey is available for purchase. Situated in newly constructed, spacious offices and maintenance garage, the business is collocated with two related businesses that cost-effectively share the rent, garage and a mechanic. The company services Hudson and Essex Counties principally and Union and Camden Counties to a far lesser extent; thus, the offices can be relocated particularly since the company's drivers work long hours beginning at 4 am each day and take their vehicles home obviating the need for a central office.The business comes with 13 relatively new wheelchair vans, 2 ambulances, a commensurate number of drivers (10) aides (5) and office staff (1.5) as well as Medicare (NPI), non-emergency Basic Life Support (BLS), and mobile assisted vehicle (MAV) licenses. The business showed steady growth pre-Covid and backed off a bit to its current level of $1M in revenues and $300,000 in net cash flow. Financials in CY2021 is expected to exceed CY2020 and to continue to climb from that point. The seller owns a number of businesses that occupy his attention and turned the three collocated bus/walk-in/wheelchair businesses to his young son to manage and the seller has now decided to provide his son relief by selling off the management intensive wheelchair and ambulance business leaving the other two.Seller financing is available to a qualified buyer.For more information contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers.
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Seller will train
450,000.00 Down & $175,000 Negotiable
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