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Medical Transportation Company In New Jersey For Sale

New Jersey, US
Asking Price:
$1,500,000
Sales Revenue:
$1,837,000
Cash Flow:
$430,000

LISTING ID # 35524

The medical transportation business is a fragmented industry in New Jersey served predominantly by hundreds of small privately held businesses. Growth opportunities are plentiful within the counties served by adding vehicles and hours of operation; by accommodating the state with respect to the unusual or unscheduled, by extending service to neighboring counties, or by expanding the services to include wheelchair and non-emergency ambulanceservices. Whichever service is offered, there is often a need for later hours or weekend hours. And the opportunity to grow by absorption of smaller companies is ever present. It is difficult to imagine a business sector that offers more value for its price and greater growth opportunity. The owner of this highly profitable company is seeking to retire after 25 years in the business. The company operatesin Hudson County, New Jersey. it has numerous state licenses, a New Jersey State Medicaid contract and comes equipped with two ambulances, six minivans and ten wheelchair vans. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers at

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Property Information

Location:

Hudson County, New Jersey

Business Operation

Reasons for selling:

Retirement

Employees:
20 FT/1 PT
Years established:
25

Other Information

Support & training:

Seller will train

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

1,000,000.00 Down & balance of $500k for 30 months @ 8%.

Furniture / Fixtures value:
$200,000