Ambulance and Nursing Home Transportation

Not Disclosed, NE


Asking Price: Annual Revenue:
$2,250,000 $2,975,416

Services: Senior Living & Care, Assisted Living


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RE: Ambulance and Nursing Home Transportation Broker: Cortney Sells
Owner Financing is Available!
Buyer Down Payment $400,000 Seller Financing on Promissory note $350,000 Debt Absorption $1,150,000 Seller Earn out on Performance $350,000

Quick Facts

Asking Price: $2,250,000
Annual Revenue: $2,975,416
Net Profit: Not Disclosed
Cash Flow: $623,472
Total Debt: Not Disclosed
FF&E: $1,215,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 60
BBN Listing #: 582834398
Broker Reference #: MED025-F

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Business Overview:

With a down payment of $400,000, a buyer will receive over $1.5Million in assets! These assets include a Working
Capital valued at $250,000, 25 Vehicles, Medical equipment
and the technology necessary for operation. This Ambulatory
business has “first call” contracts with the majority of their
client base which include Midwest based hospitals, nursing
homes, assisted living centers, and the VA. This ambulatory
has a large and diverse staff in order to cater to their
referring and repeat client base in both the emergency and
non-emergency service base. Their established staff
includes 1 general manager, 2 division supervisors, 2 billing
reps, 9 dispatchers, 13 medics, 31 EMTs, 6 drivers, and 2
mechanics. Their primary services include ambulance
transportation (which makes up 80% of their services) as
well as wheelchair accessible or specialty transport, event
standby, and EMS education services. The current owners
are looking to sell as one is looking to retire and the other is
interested in developing a non-competing business endeavor
and they have offered a transition/ training period of 6
months. They both believe their responsibilities could be
absorbed by their general manager as this GM has handled
their responsibilities in the past. This business operates out
of a 20,000 square feet combined garage and dispatch
center. The new business owner would have the opportunity
to either lease this facility from the current owner or
purchase it outright in a separate transaction.
Priced at $2,250,000, this business is primed to return new
ownership high levels of financial and operational success.
Growth opportunities for this business moving forward would
include getting involved with insurance contracts to offer
community paramedic services including home visits to
decrease individuals with a high rate of repeatedly needing
ambulance assistance. With a profit margin of 24% this
business is not only a sound investment, but important to
their community. This business provides lifesaving services
in a way that makes a huge impact in their clients’ lives, and
with the purchase of this business, you could take part in
making a change.

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Property Features and Assets:

Ambulances: $479,000 • 15 Ambulances, 9 Vans and 1 Car Equipment: $282,000 Working Capital: $250,000 Buildout: $73,000 Technology: $14,000 Medical Equipment: $454,000

Market Competition and Expansion:

Getting involved with insurance contracts to offer community paramedic services including home visits to decrease individuals with a high rate of repeatedly needing ambulance assistance.

Reason for Selling:

Owner 1: retirement, owner 2: focusing on other n

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.

Documents:

Relevant Links:

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