Ambulance Company For Sale in Middlesex Coun-32883

Not Disclosed, NJ
Middlesex County

Asking Price: Annual Revenue:
$625,000 $800,000

Services: Taxi, Limo, & Passenger Transportation

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RE: Ambulance Company For Sale in Middlesex Coun-32883 Broker: Gerald Nimberg
Owner Financing is Available!
$625,000.00 Down & None.

Quick Facts

Asking Price: $625,000
Annual Revenue: $800,000
Net Profit: Not Disclosed
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 4
BBN Listing #: 22374447
Broker Reference #: 32883

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Business Overview:

A non-emergency medical transportation company located in Middlesex County, New Jersey has come on the market. This 22-year old company provides state-funded transportation services to Medicaid patients in Union, Essex and Middlesex counties. It has an invaluable ambulance license with which it intends to enter the private funded, highly profitable Medicare market. New ambulance licenses are no longer being issued in the state and the last sales price for an ambulance license alone is reported to be $380,000. The company has the structure to grow substantially in both the state (Medicaid) and privately funded (Medicare) markets. A modest amount of capital ($30,000) is all that is needed to double its business. And, less than $10,000 more is all that would be needed to offer emergency ambulance services. The business comes with state licensing, licensed software, trained, tested and approved drivers and 15 vehicles (ambulance, wheelchair, mini-vans and an SUV).The owner seeks to retire and relocate. Please use email reply button of this ad to contact us.

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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.

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