HS Listing ID-69969
Established and owner-operated NEMT company serving Middlesex County, NJ and surrounding areas. The business provides wheelchair and stretcher transportation services, primarily servicing medical facilities and institutional clients.
The company operates with:
7 total vehicles (5 active on the road, 2 reserved/backup units)
4 independent contractor drivers (1099)
Owner actively involved in oversight and operations
Two small leased facilities:
Dispatch office
Separate vehicle parking location
Total combined Monthly rent: $1,100
The business maintains strong referral relationships.
Revenue Mix:
70% Medicare
30% Private facilities
Financial Overview
3-Year Average (2023–2025):
Average Gross Revenue: ~$495,000 annually
Average Cash Flow (SDE): ~$240,000 annually
Operating Structure:
Drivers are 1099 independent contractors
Fleet consists of vehicles ranging from model years 2010–2014
Facilities Lease structured year-to-year
This reflects strong margins for an owner-operator model with relatively low overhead.
Asking Price $700,000
Valuation reflects:
Strong 3-year revenue history
Solid cash flow performance
Established fleet and operational infrastructure
Healthcare system relationships
Immediate turnkey operations
Business Highlights
Established NEMT operation in high-demand NJ market
Medicare & Private-driven revenue
Servicing major healthcare system
7-vehicle fleet with backup capacity
Low monthly rent ($1,100 total)
1099 driver model (flexible labor structure)
Wheelchair + stretcher capability
Strong cash flow relative to revenue
High barrier-to-entry industry in NJ
Growth Potential
This business presents meaningful upside for a buyer who can:
Improve dispatch efficiency and routing optimization
Add additional Medicaid broker contracts
Secure dialysis center and private facility agreements
Increase vehicle utilization (2 parked units ready to deploy)
Expand into neighboring counties
Add weekend / extended hour services
Implement technology upgrades for scheduling & billing
With stronger management and strategic contract expansion, revenue can scale significantly without heavy infrastructure expansion.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
