- Created: 22-09-19
- Last Login: 07-12-19
Description: Transportation Business for Sale in Essex County for $1,650,000 - Cash Flow:$400,000 Business Description Non-Emergency Medical Transportation Business 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, call David Rothchild. Detailed Information Location:Essex County, NJ Employees:25 Financing:possible for qualified experienced buyer Support & Training:Seller will train Reason for Selling:other business
Publish Date: 07-12-19
Description: Business Description This Hudson County, New Jersey medical transportation business transports patients to and from treatment facilities. Trips are assigned to each transportation company in the United States by a national agency, established for that purpose. The company has an impressive fleet of 15 vehicles, including 11 wheelchair vans and three minivans, and is licensed to operate throughout the state. Highly profitable as it is, this company brings not only value for its price, but unprecedented growth opportunity. The medical transportation business is a fragmented industry, served predominantly by small private businesses. In this industry, the need for this service is not being met, as demand is far greater than supply. A buyer can grow this business by adding additional routes, judiciously to existing routes, or by adding one vehicle and driver. He can also grow exponentially by adding days of service, ambulance service, operating in additional counties, and rolling up smaller companies through acquisition. The marketplace will more than accommodate. Less than three years old, this company has doubled the size of its fleet and, in the process, tripled its profits. It is difficult to imagine a business that offers more value for its price and greater growth opportunity. Please contact the broker.
Publish Date: 07-12-19
Description: This 21-year old company provides wheelchair transportation services to Essex, Union and Middlesex County Medicaid patients. The fleet is comprised of 5 wheelchair vans all owned- 3-2013 and 2- 2014 wheelchair vans and 5 full-time drivers. Ambulatory (AMAV) Minivan Vehicle Description: This 20-year old company provides ambulatory transportation services to Essex, Union and Middlesex County Medicaid patients. The fleet is comprised of 15 minivans all owned- 7-2016, 4-2015 and 4- 2008 minivans and 18 full-time drivers. A shared staff of four provide dispatch, patient contact, billing, scheduling and compliance reporting.
Publish Date: 08-11-19