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Business For Sale

Non Emergency Medical Transportation-SBA Financing

Not Disclosed, WI, USA

Services: Travel, Transportation

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$495,000
$583,316
Not Disclosed
$174,648
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
0
8975599

Business for Sale Overview:

Premier provider in Non Emergency Medical Transportation (NEMT). Please call Dan Arcand at 651-288-1620 to discuss this opportunity. 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 for 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. 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. The business is 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 new customers are gained primarily thru word of mouth. Roughly 10% of the customers are private pay recipients, including the day-treatment students. The other 90% are Medicaid clients that are billed thru EDS. This business for sale is presented by Sunbelt Business Brokers - Midwest. Offices in Minnesota, Wisconsin and Illinois. We help people buy and sell businesses!

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Additional Details:

  • The property is owned.
  • The owner is not 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.
 

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