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Nemt Business Set For Huge Industry Growth! (37805) For Sale

Seattle Metro and Puget Sound Area., Washington, US
Asking Price:
$950,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$4,500,000
Cash Flow:
$651,148

Non-Emergency transportation provider (NEMT) to the elderly, disabled and to those requiring transportation services to hospitals, airports or events. The company provides transport in the Seattle Metro and Puget Sound area. The main office is situated in Tacoma, WA. This technology-oriented business specializes in NEMT using wheelchair and gurney equipped vans, minibuses and body-on chassis, lift equipped vehicles. Enjoying rave ratings for quality accessibility to persons restricted to scooters and wheelchairs, the company has a strong reputation. They participate in professional associations, and serve multiple nursing homes, and Long-Term Living Facilities. Last year, the seller had a solid recovery after last the pandemic, having reached nearly $4,500,000 in Revenues with Seller Discretionary Earnings of $651,148. Four buildings total 10,000 square feet including 5,000 SF of dispatch, administrative and accounting space. Found in excellent condition and commercially zoned for L&I use to handle extra capacity, the maintenance facility provides maintenance to over 70 vans and provides contract maintenance to another 30 vehicles resulting in an additional monthly revenue of $20,000-$30,000. With experienced managers in place and seller willing to remain post-sale for up to 12 months, a smooth transition is assured. The company markets through their own website, LinkedIn, Google, Bing, and Yelp. Promotional efforts also include paid adverts, brochures, and vehicle signage. Company recently signed a 20-year GSA contract. Based on long term contract services, Sales in Contract Management delivers over 50% of the company’s grosses, with Medical Groups (15%), Broker Transports (15%), Schools and Shuttle Services (15%) expected to boost considerably with big-branded contracts in place ranging from 3 to 20+ years! No single customer provides more than 12% of the revenue!

Property Information

Real Estate:

Lease

Premises Details:

Property total of Four Buildings.

Size in square feet:
10,000+/-

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

24/7 Service 365 Days a Year!

Employees:
64 nonunion.
Years established:
Started 1998; Acquired in 2012.

Other Information

Support & training:

Assured 12 month period with managers in place.

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

Negotiable up to 20% for the right buyer.

Furniture / Fixtures value:
$1,425,000 - included in the asking price
Inventory / Stock value:
$15,000 - included in the asking price
Relocatable:
This business can be relocated.