Medical Transportation Business - 30801

Not Disclosed, NJ
Middlesex County


Asking Price: Annual Revenue:
$330,000 $1,040,000

Services: Transportation - Trucking, Rail, Transit


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RE: Medical Transportation Business - 30801 Broker: Gerald Nimberg
Owner Financing is Available!
$330,000.00

Quick Facts

Asking Price: $330,000
Annual Revenue: $1,040,000
Net Profit: Not Disclosed
Cash Flow: $180,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 12
BBN Listing #: 80864447
Broker Reference #: 30801

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Business Overview:

The sellers will remain to drive and manage all aspects of the business as desired.Located in Middlesex County, this 24-year old business is now available. The Company transports non-emergency Medicaid patients to and from their residences to medical treatment facilities under New Jersey state contract and license and under state regulation, compliance and guidelines. The Company provides its services to Medicaid patients in Middlesex, Somerset and Union Counties. Patient lists including date, time and pick-up and destination points are prepared daily by the State several days in advance and are offered to the Company for their selection. The business has been growing and internal funding for continued growth has been approved. The profit potential in this business is substantial. Add cars and drivers and grow it as fast as desired. There is so much business of this kind in the state, and there are sufficient barriers to entry to the number of service providers that existing providers can enjoy a long upward climb. The application for state authorization is difficult to get, the process is lengthy, and adherence to the guidelines and compliance requirements has taken most providers one to two years to achieve. Once achieved, the capital to acquire, insure and operate become the only barrier to growth.For more information, please contact Gerald Nimberg at Vested Business Brokers. Please use email reply button of this ad to contact us.

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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.

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