Non-emergency Medical Transportation
Location Wisconsin,United States
Asking Price Range $250K - $500K
Gross Revenues $568972
Net Profit / Cash Flow $120519
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1992
Number of Employees 10 - 19
Inventory 150000
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Description Non emergency transportation business for sale. 160+ cash flow ytd thru August. Minimum 75k down payment from buyer thru SBA financing. Up-trending sales. Premier provider in Non Emergency Medical Transportation (NEMT). It is the transportation of people in need of assistance such as patients in wheelchairs, or otherwise handicapped who need transportation to day-treatment programs, hospitals, or clinics. A Non Emergency Transportation Service (NEMT) will transport people to and from medical appointments, in and out of hospitals and nursing facilities, or to and from residences to various appointments. The business was started in the early 1990's. There are unlimited growth opportunities that exist for the Company. The number of elderly is now increasing by 8 million per year. By 2030, this increase will reach 24 million per year! As the elderly population continues to grow and the baby boomers begin retiring, it's expected the need for all forms of this type of transportation will grow substantially. Currently the owners do not solicit new business. Benefits of this business are guaranteed payment from the government. Medicaid is a program funded by the Department of Social Services. They guarantee the payment of their recipients. As the owner of a medical transportation company, you automatically qualify for sizable personal tax credits. The business is somewhat recession proof. Whether the market is up or down, there are always elderly and disabled people that need to be transported. In addition, a Non Emergency Transportation Service (NEMT) business can be very easy to manage. Unlike an ambulance service you will not need any special life saving equipment or training. The business is currently being run from the sellers home and is being run semi-absentee. The Business has a stellar reputation and often gain new customers thru word of mouth. Roughly 10% of the customers are private pay recipients, including the day-treatment students.
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