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Medical Transport Company In New Jersey For Sale

New Jersey, US
Asking Price:
$175,000
Sales Revenue:
$256,000
Cash Flow:
$50,000

LISTING ID # 36323

Seller financing available. Partnership Wanted for an ongoing operating business. Seasoned Experts in the medical transportation business are separating. No bad blood between the partners, just one of them received a license from the State of New Jersey to operate a rehab facility that will allow him to fulfil his lifelong interests. I have known the remaining partner for many years, and I regard him as honest, reliable and hard-working. He has 26 years’ experience in the business, and he is an extraordinarily hard worker and should be a credit to a like-minded buyer. This is a relatively new business with an old hand. It is located in Essex County, New jersey and has been in operation for nearly one year. Conceived in 2022, it has taken time to establish NJ State licenses and a contract to transport Medicaid patients with the state agent, (ModivCare). The company now boasts nine vehicles, four of which are in service, and four drivers of which the remaining partner is one and it is profitable. The ideal partner will have administrative experience and the ability to infuse capital into the business to put the idle vehicles into service.

Business Operation

Employees:
2 FT/2 PT

Other Information

Support & training:

Seller will train

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

125,000.00 Down & $50k for 12 months @ 7%

Furniture / Fixtures value:
$75,000