Emergency and Non-Emergency Medical Transport

Not Disclosed, GA

Georgia


Asking Price: Annual Revenue:
Not Disclosed $3,755,012

Services: Medical, Dental


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RE: Emergency and Non-Emergency Medical Transport Broker: Jeff Merry
License #: 242824

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $3,755,012
Net Profit: Not Disclosed
Cash Flow: $373,618
Total Debt: Not Disclosed
FF&E: $610,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 59
BBN Listing #: 374328642
Broker Reference #: TBH543

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Business Overview:

Founded in 2008 this acquisition opportunity is an emergency and non-emergency medical transport company. The business is licensed to transport anywhere in the state but currently the service area is concentrated to 10 Georgia counties. Additionally, they have professional relationships and contractual agreements with several hospitals and other facilities throughout the service area.
Approximately 97% of services are non-emergency and 3% are emergency services. Clients are both self-pay and insurance. About 54% of overall revenues are Medicare contract paid, 21% are United Health Care contact paid, and the remaining 25% is spread over 30 other contracted insurance providers including Medicaid. The bulk of client transports are repeat dialysis, critical wound care, and nursing home patient transports.
The business runs ambulances with two-man EMT/Paramedic crews. They also have designated non-emergency transportation (NET) trucks that are appropriately staffed. The business is well staffed with operations management personnel and operational personnel that do not include the owners; approximately 1/3 of employees are part-time.
Key company highlights:
• 85% of Customers are Repeat Dialysis Patients
• Excellent Customer Service, Quality and Experience
• Highly respected name in the EMS industry
• Geographic Expansion – easily grow revenues by expanding the geographic footprint into more counties, as well as adding more trucks and more personnel.
• The owners work on the business not in it. Ownership does not need to be active in the company on a day-to-day basis.

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Property Features and Assets:

The business is operated from a leased office facility and a warehouse with its own maintenance shop.

Market Competition and Expansion:

Geographic Expansion – easily grow revenues by expanding the geographic footprint into more counties, as well as adding more trucks and more personnel.

Reason for Selling:

Other Interests.

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.

Relevant Links:

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