Transportation Biz for Sale in Essex County-32016

Not Disclosed, NJ
Essex County

Asking Price: Annual Revenue:
$550,000 $1,950,000

Services: Taxi, Limo, & Passenger Transportation

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RE: Transportation Biz for Sale in Essex County-32016 Broker: Gerald Nimberg

Quick Facts

Asking Price: $550,000
Annual Revenue: $1,950,000
Net Profit: Not Disclosed
Cash Flow: $480,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: 31
BBN Listing #: 77294447
Broker Reference #: 32016

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Business Overview:

Headquartered in Essex County, New Jersey and serving Essex, Union, Passaic and Hudson Counties, this ten-year- old non-emergency medical transportation company has come on the market. Under contract with the state, this company transports ambulatory Medicaid patients to and from their residences and their treatment facilities. Service is provided by 22 minivans all in working condition.This is a high volume, high margin company whose sales have grown constantly since inception. This is a turnkey operation staffed by one dispatcher, two patient care phone service rep, one compliance officer, one billing clerk and one scheduler in addition to twenty-two full-time drivers. The owner wishes to cash-out and start a new business, but he would also stay at the buyer discretion. For more information, contact Gerald Nimberg.

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Reason for Selling:

Other business.

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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