Owner Financing is Available!
Business Overview:
Business Description : A non-emergency medical transportation company primarily deals with transportation of the elderly and disabled. You re going to be transporting people who need some form of assistance more so than you would if you needed a taxicab or similar service. Predominantly we transport people who are in wheelchairs, a lot of people who are in stretchers, and a number of people who are ambulatory. Ambulatory meaning that they can walk like me and you, but many times they move a little slower, maybe because of a disability or because of their age, they may have a walker or cane, and therefore they do need a little bit of assistance. So non-emergency medical transportation is, unlike an ambulance service, we are non-emergency. We don t transport people that need life support or anything, but we do transport people who are wheelchair-bound, stretcher-bound, or just need some general assistance getting in and out of a vehicle, in and out of their medical appointment or destination. Historical Summary: The company is a privately held transportation company servicing the 5 Boroughs of NY. The original transportation company was founded in 1991. Current ownership purchased the business in 2006 and has rebuilt the company since then. Since operating under new management, the company has seen their annual revenue increase over the past three years. The company operates out of two locations to better serve their clients: X Kings County, NY X Nassau County, NY The company operates 26 vehicles. All vehicles have GPS systems and Linking/Nextel Radio phone systems. The company services over 100 accounts. The revenue base is made up from: X Medicaid V 80% X HMO V 20%
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.
Property Features and Assets:
The company operates 26 vehicles. All vehicles have GPS systems and Linking/Nextel Radio phone systems. Located in office suites: $2,750 Rent for Kings County Office offset by tenant paying $1,400 Rent= Net Rent $1,350 $1,500 Rent for Nassau County Office.
Market Competition and Expansion:
Competition: This industry is competitive but due to the stoppage in the issuance of new DOH/Medicaid licenses has made the industry very stable and able to grow with the certain raise in demand of this service.
Growth and Expansion: Solicitation of Dialysis Centers for accounts, large medical pavilions, medical buildings, surgery centers, pain management centers, procurement of new HMO providers, doctor referrals, and many more ways to grow this business.
Reason for Selling:
Health issues
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.