Business For Sale

Non-Emergency Medical Transportation in NJ 31242

Not Disclosed, NJ
Essex County


Asking Price: Annual Revenue:
$1,075,000 $1,200,000

Services: Transportation - Trucking, Rail, Transit


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RE: Non-Emergency Medical Transportation in NJ 31242 Broker: Gerald Nimberg
Owner Financing is Available!
$675,000.00 Down &

Quick Facts

Asking Price: $1,075,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: $300,000
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 25
BBN Listing #: 63314447
Broker Reference #: 31242

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Business Overview:

A non-emergency medical transportation company servicing Essex and Sussex County, New Jersey has just come on the market. This business provides bus transportation for school and special needs children and ambulatory vehicle transportation for handicapped children as well as transportation for non-emergency Medicaid patients in Essex and Union Counties. This business is very profitable since the licensing requirements, school bus driver and Medicaid driver qualifications along with the cost of buses, wheelchair vans and the high cost of insurance all of which limit competition. This business can expand in any number of ways. The Medicaid transportation needs of the state are not being fulfilled in any county in the state, Essex and Union Counties included. This long-standing transportation company has the license, experience, vehicles and drivers to grow within the counties it currently serves. And, that growth potential is enormous. Or, it can expand to any other county within the state. Moreover, it has four ambulances and the drivers to serve the emergency medical, Medicare and private sector markets such as nursing homes, veterans homes, assisted living facilities and other school districts as well. There is so much more Medicaid, Medicare and private patient transportation business than the current service providers now fill and, since the industry is served by small, independently owned companies, the roll-up opportunities are equally prominent. This is a turnkey operation; drivers and essential staff will remain. Seller financing is available to a qualified buyer. Please contact the broker, 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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