Business for Sale Overview:
This ambulance company provides Emergency and Non-Emergency ground transportation services on an immediate response basis. They provide transportation to and from hospitals, nursing homes, rehabilitation centers, dialysis treatments, X-ray appointments and radiation therapy. The company is licensed by the Commonwealth of Pennsylvania and the State of New Jersey on a Basic Life Support ("BLS") level. BLS services are for patients who require ambulance transport but who do not need extensive medical supervision or therapy while in transit. Virtually all reimbursement is from third-parties – 65% from Medicare (the highest reimbursing payer) and the rest is from Keystone Mercy, straight Medicaid and commercial insurance (IBC, Aetna, etc.) Patients tend to be long-term – 3-4 years. The owner is not active in the business. A general manager is in place (included in the cash flow numbers).
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Office and parking facilities located convenient to a major Philadelphia artery. Facility is also owned by the current owner and is available at a market lease rate. Conversely, the buyer could choose to relocate at his option.
Market Competition and Expansion:
Extremely strong cash flow. Stable payment sources. Located convenience to a major artery giving easy access to a large and aging metropolitan population. Flexibility to relocate if desired.
Reason for Selling:
Meet capital needs of other business
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.