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Available in Whole or in PartA non-emergency medical transportation company located in Middlesex County, New Jersey has come on the market.This 23-year old company provides state-funded transportation services to Medicaid patients in Union, Essex and Middlesex counties.It has an invaluable ambulance license with which it intends to enter the private funded, highly profitable Medicare, Insurance and Private Pay markets. New ambulance licenses are no longer being issued in the state and the last sales price for an ambulance license is reported to be $380,000. The company has the structure to grow substantially in all aspects of the business. A modest investment of capital ($30,000) to acquire life-saving equipment plus elevating the skill set of its drivers is all that is needed to double its business. And less than $10,000 more is all that would be needed to offer emergency ambulance services as well.The business comes with state licensing, licensed software, trained, tested and approved drivers and 15 vehicles (ambulance, wheelchair, mini-vans and an SUV).The owner seeks to retire or, for the right person, to form a partnership with a person whom he can train and that would allow the Seller time off. Price for a 50% share is $325,000.
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Seller will train
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