Business For Sale

Medical Transportation Business - 30801

Not Disclosed, NJ
Middlesex County


Asking Price: Annual Revenue:
$448,000 $1,040,000

Services: Medical, Dental


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RE: Medical Transportation Business - 30801 Broker: Gerald Nimberg

Quick Facts

Asking Price: $448,000
Annual Revenue: $1,040,000
Net Profit: Not Disclosed
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 17
BBN Listing #: 24474447
Broker Reference #: 30801

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Business Overview:

Located in Middlesex County, this 23-year old business has just come on the market. The company transports non-emergency Medicaid patients to and from their residences and medical treatment facilities, with New Jersey state authorization, and under state regulation, compliance and guidelines. The company provides its services to Medicaid patients in Middlesex and Somerset County. The growth and profit potential in this business is enormous. 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. Then there are the vehicles, drivers and mandated insurance requirements that must be met. Once achieved, the capital to acquire, insure and operate becomes the only barrier to growth. For more information, please contact Gerald Nimberg at Vested Business Brokers or email us.

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Reason for Selling:

Other interests.

Additional Details:

  • The property is owned.
  • The owner is not 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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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