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Medical Transportation Business - 30801 for sale in NJ

New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 440,000 $ 1,040,000 $ 180,000

Furniture and Fixtures Value:
(included in the asking price)

Inventory Value:
(included in the asking price)

Business Summary:
The sellers will remain to drive and manage all aspects of the business as desired. Located in Middlesex County, this 24-year old business is now available. The Company transports non-emergency Medicaid patients to and from their residences to medical treatment facilities under New Jersey state contract and license and under state regulation, compliance and guidelines. The Company provides its services to Medicaid patients in Middlesex, Somerset and Union Counties. Patient lists including date, time and pick-up and destination points are prepared daily by the State several days in advance and are offered to the Company for their selection. The business has been growing and internal funding for continued growth has been approved. The profit potential in this business is substantial. Add cars and drivers and grow it as fast as desired. 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. Once achieved, the capital to acquire, insure and operate become the only barrier to growth. For more information, please call Gerald Nimberg at 646 269 4616 at Vested Business Brokers.

 

   
Number of Employees: 16FT/1PT  
   
Owner willing to finance: 290,000.00 Down & 150,000 over 12 months terms TBD  
   
Owner willing to train: Yes  
   
Reason for selling: 290,000.00 Down & 150,000 over 12 months terms TBD  
   
Seller Reference Number: 30801
BusinessMart.com Listing Number: 236516
 

 

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For more info contact:

Vested Business Brokers

Vested Business Brokers
631-265-7300

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