Ambulette Service Medicaid

Haverstraw, NY
Rockland County

Active commercial avenue

Asking Price: Annual Revenue:
$275,000 $344,000

Services: Taxi, Limo, & Passenger Transportation

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RE: Ambulette Service Medicaid Broker: Customer Service
Owner Financing is Available!
seller financing is available to a qualified buyer with a reasonable down payment, collateral, and credit rating.

Quick Facts

Asking Price: $275,000
Annual Revenue: $344,000
Net Profit: $90,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $165,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 5
BBN Listing #: 11273909
Broker Reference #: TRNS130

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Business Overview:

Wonderful highly profitable business opportunity to enter the medical non-emergency transportation industry which also includes non-ambulatory service in Rockland County New York. This Company is Medicaid approved, licensed with the Dept of Transportation Authority, Taxi Limo Transportation commission and has various contract agreements with insurance companies. The company provides transportation for various clients including wheelchair patients, transportation for the disabled, and for the elderly in and around the New York metropolitan area. This company is paid from Medicaid and insurance companies representing a substantial net yearly income to the owner operator. They offer the best medical transportation service and non-emergency medical transport with a professional team of drivers with a cost-effective transportation service. The company has valuable licenses to conduct business which are not easily available for a new operation. This is a dependable safe business opportunity and based on the asking price and yearly net income, this business expects to supply a consistent return on investment to the owner operator.

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Property Features and Assets:

Due to the mobility of this industry, most transportation service companies and staff as non-retail, function from a private office. This business opportunity is in Southern New York Rockland County, which consists of highly populated communities with continued demand for this transportation service. The business fixed assets have an estimated value of approximately $165,000 which is based on the replacement cost for the original buildout, representing equipment, vehicles, licensing, tangible & nontangible value. The accurate value of the assets will be identified during the allocation period prior to closing. This transaction consists of a fully equipped commercial operation, which includes, required municipal & state licenses, four livery vehicles, one ambulette, social media venues, displays, shelving, accounting / POS system, computers, software including all the necessary equipment to maintain the day-to-day business operation and a list of assets will be supplied to purchaser upon request.

Market Competition and Expansion:

Regarding competition, it is not a significant issue in this industry due to the unavailability of obtaining the various licenses and approval. Also, the cost of instituting a new operation will represent hundreds of thousands of dollars, time, and resources. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Reason for Selling:

Absentee owner

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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