Medical Transportation / Ambulette - Highly Profitable
Location New York,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $3100000
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1988
Number of Employees 35 - 49
Relocatable Not Disclosed
Number of Employees 35 - 49
Real Estate Leased
Reason for Sale Transition and poor health.
Description The target company is a Medical Transportation business that provides ambulette services to the New York City Metro area and is one of the leading producers of revenues and earnings in its industry. The business has been established for over 20 years and is very profitable. In the last 3 years the business has nearly tripled its growth and profitability. It produces over $3MM in revenue and produces a little over $1MM in clean earnings. All revenue is on the books and the majority of the business is funded by Medicaid. The company employs 34 drivers and 12 additional employees which includes administrative assistants, dispatchers, and field workers. The transaction includes the goodwill, which is made up of 100+ accounts, and 34 vehicles, which are in strong working order. It also includes transfer of the Medicaid provider's license which has a value of $250,000. Contact for more information on this Medical Transportation / Ambulette business for sale.
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