Business For Sale

Non-Emergency Medical Transport Business - 30151

Not Disclosed, NJ
Middlesex County


Asking Price: Annual Revenue:
$199,000 $364,000

Services: Taxi, Limo, & Passenger Transportation


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RE: Non-Emergency Medical Transport Business - 30151 Broker: Gerald Nimberg

Quick Facts

Asking Price: $199,000
Annual Revenue: $364,000
Net Profit: Not Disclosed
Cash Flow: $165,000
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 6
BBN Listing #: 37394447
Broker Reference #: 30151

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Business Overview:

Located in Middlesex County. This non-emergency medical transport company transports patients to and from treatment facilities. This company is just 3 years old, and its owner is seeking debt relief incurred from a recent devastating auto accident. The company's license covers four counties, but operates in just two- Middlesex and Somerset. It has a very limited service capacity- just six medical vans and one passenger car. It turns down, daily, about 80% of the work it is offered. Profitable as it is, this company brings not only value for its price, but unprecedented growth opportunity. The non-emergency medical transportation business is a fragmented industry, served predominantly by a thousand or more private businesses. As many companies as there are, there are not enough. Too many jobs go unfilled, being turned away. A buyer can grow this business by adding additional routes, and/or by adding another vehicle and driver. If the new owner so chooses, they could become a major player by rolling up smaller companies through acquisition. The marketplace will more than accommodate. It is difficult to imagine a business that offers more value for its price and greater growth opportunity. This business will not last. To drive by and make an appointment to meet the owner, contact Gerald Nimberg.

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Reason for Selling:

Other

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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