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Medical Transportation Company

Westchester County, New York

Asking Price: Gross: Cash Flow:
$2,200,000 $1,300,000 $390,000

Business Summary:
LISTING ID # 35913Substantial Seller financing offered to a qualified buyer. Fully reporting, the acquisition of this company can be achieved through internal and external financing. Proof of Funds in a minimum amount of $700,000 is required. The owners of this highly profitable company are seeking to retire after 10 years in the business. The company operates in Westchester, Rockland and Orange Counties, New York. It enjoys a NYS approved contract to transport Medicaid patients and is licensed by the NYS Department of Transportation and by the NYS Department of Health. The business comes equipped with 17 relatively new wheelchair vans, 15 CDL approved drivers and a staff of three. The medical transportation business is a fragmented industry in New York served predominantly by hundreds of small privately held businesses. Growth opportunities are plentiful within the counties served by adding vehicles and hours of operation; by accommodating the state with respect to the unusual or unscheduled, by extending service to neighboring counties, or by expanding the services to include non-emergency ambulance services. Whichever service is offered, there is often a need for later hours or weekend hours. And the opportunity to grow by absorption of smaller companies is ever present. It is difficult to imagine a business sector that offers more value for its price and greater growth opportunity. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers at 646-269-4616.In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-35913 for instant access to this business information.

 
   
   
Year Business was Established: 2014
   
Number of Employees: 18 FT  
   
Owner willing to finance: Yes  
   
Owner willing to train: Seller will train  
   
Reason for selling: Retirement  

 

 

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