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Well-established Medical Transport Business In Passaic County For Sale

New Jersey, US
Asking Price:
$6,400,000
Sales Revenue:
$14,000,000
Cash Flow:
$2,000,000

LISTING ID: 33139

This well-established ambulance company located in North Jersey is available for majority purchase. The owner will sell 80% of his company and he and his management team will retain a 20% interest and the ability to manage the company going forward. The Owner will entertain all cash offers without the benefit of third-party financing. Applicants seeking operating control need not apply. The company services hospitals, nursing homes, and assisted living facilities in Central and North Jersey. The company also provides services to major insurance company patients, Medicare and Medicaid patients, and private-paying individuals as well. Its mission is to provide medical transportation to individuals on a patient-driven basis rather than on a money-driven basis. And, on that basis, sales have shown steady increases from $10.4 million in CY2017 to $14.0 million in CY2023. For more information on this listing, please call Business Broker, Vested Business Brokers.

Business Operation

Reasons for selling:

Personal

Employees:
7 FT
Years established:
22

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$1,400,000