Highly Profitable Well Established Medical Transportation Company
Location: New Jersey
Industry: Transportation > Other Transportation
Financials
Gross Revenue: $2,401,512
Gross Revenue Comments: 2008 projections
Cash Flow: $561,192
Cash Flow Comments: SDCF
Inventory: $10,000 (Included in Asking Price)
FF&E: $204,000 (Included in Asking Price)
Seller Financing: To be determined
Business Summary
The company is both very successful and a leading medical transportation company within their area in New Jersey. The company provides services to several hospitals, rehabilitation facilities, nursing homes, assisted living, and dialysis centers. Because of its ability to provide wheelchair and ambulance transportation, the company enjoys several contracts providing transportation to disabled patients. Being in business for 11 years has allowed the company to grow and expand by developing relationships with medical providers and patients. The company maintains a reputation for providing excellent and caring service. There is a well trained staff in place. The company pays a very competitive salary that allows the hiring and retention of qualified employees. Drivers, EMT's, Dispatch, Billing and Supervisors are in place and many are longer term employees which cuts down on the expense of training new hires. The company maintains one location. The office, dispatch and vehicle storage could be relocated if necessary, however, the location is ideal for current operations. Customers do not visit the office. Because of the company's relationships with medical facilities and a solid reputation, the ability to expand into new areas is possible.
About the Business
Year Established: 1996
Employees: 32 full time - 15 part time
Facilities: The company has leased office space and stores the vehicles on this site when not in use.
Market Outlook and Competition: There are a number of opportunities to expand the company due to the aging population and the fact that surrounding geographic areas are underserved by this type of industry. The competition in this type of business is somewhat limited due to the barriers that new companies face when attempting to enter this industry.
About the Sale
Management Training and Support: The owner is willing to assist in a smooth transition and training for the new owner.
Reason For Selling: Seller has other business interests he would like to pursue .

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Listing Tools
BizQuest ID:875876
Seller ID:14632252
Business Listed By
Name:Business Intermediary
Company:Calder Associates, Inc.
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