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Established Transportation Business In New Jersey For Sale

New Jersey, US
Asking Price:
$5,350,000
Sales Revenue:
$3,900,000
Cash Flow:
$1,100,000

LISTING ID # 36174

Looking for a long-term, multi-purpose, highly profitable business? This established non-emergency Special Needs School Bus and Medical Transportation company located in Essex County, New Jersey is all of that. It has the size, staff and structure to support maximum growth. The potential Buyer should have a minimum $1.5 million liquid and experience in either Special Needs or medical patient transportation. The Company provides full medical and school bus services to Jersey residents and is authorized to pick-up or drop-off patients in New York and Pennsylvania provided either the pick-up or drop-off is in Jersey. The company comes complete with 46 school bus routes and School Board contracts and Medicare, Insurance, Medicaid and Private Pay non-emergency medical transportation services. It has New Jersey State licenses and contracts to provide Basic Life Support and EMS, including CPR, wound care, health assessment, basic first aid and cardiac arrest management, as well as Medicare and nursing home services and an experienced, well-reputed employee base of EMTs, EMRs, MVOs, Nurses, a staff of 7 and a driver and aide base comprising 107 full- and part-time employees. The owner has acquired other properties to complement its transportation services over the last 12 to 15 months. Available separately are a mechanics shop and an auto body shop that will service the company’s fleet and provide outside services to the local community as well. The Owner is now seeking to retire and sell all properties and businesses. Contact Gerald Nimberg.

Business Operation

Reasons for selling:

Retirement

Employees:
7 FT/100 PT
Years established:
15

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$1,500,000