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Medical Transport Business-33139 for sale in Passaic County, NJ

Passaic County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 14,000,000 $ 11,000,000 $ 2,200,000

Business Summary:
This 18-year-old ambulance company located in Passaic County, New Jersey is available for purchase. The company provides exclusive, 24/7 service to cities, a number of hospitals, more than a dozen nursing homes and various other old age and assisted living facilities in Central and North Jersey. In addition to the service they provide to institutions, they provide service to the major insurance company patients, Medicare and Medicaid patients and private pay individuals as well. The Companys Mission is to provide medical transportation to individuals on a patient-driven basis rather than on a money-driven basis. And on that basis, business continues to grow each year; for example, they were up 15% last year over the year before reaching $11 million in revenue. The 24/7 service is provided by 180 drivers (140 FT, 40 PT), a support staff of 18 that handle intake, customer service and dispatch; they farm out billing and compliance, and a clerical staff. As to vehicles, they count 25 ambulances, 17 wheelchair vans, 2 minivans, 2 spare ambulances, 2 private vehicles, a 22-passenger bus and a service vehicle.Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33139 for instant access to this business information.

 

   
Year Business was Established: 2002
   
Number of Employees: 110FT/30PT  
   
Owner willing to finance: 14,000,000.00 Down &  
   
Owner willing to train: Seller will train  
   
Reason for selling: Personal  
   
Seller Reference Number: 33139
BusinessMart.com Listing Number: 251837
 

 

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Vested Business Brokers

Vested Business Brokers
631-265-7300

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