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Medical Service_Long established_Multi Six Figure net income !

NJ

ambulance
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Asking Price: $1,800,000

Cash Flow: N/A

Gross Revenue: $3,500,000

EBITDA: $350,000

FF&E: $250,000

Inventory: N/A

Rent: $5,000 /Month

Established: 1988

Medical Service_Long established_Multi Six Figure net income !

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Business Description

Long established for 30 years, non-emergency ambulance transport business in highly populated state of new jersey. No medical background necessary.
Gross Revenue $3.5 Million, net income EBITDA $400,000 approx.
Running on full throttle, fully trained office & field staff, some working over 10 years, fully equipped. Ideal for investment or owner operated.
Fully approved with Medicare, Medicaid, and various insurance companies.
Clean record with state & clients. Preferred provider in major NJ counties.
Service business with captive client base, round the year, weather or season proof.
Bank loan available with 20-25% down payment.

Attached Documents


Detailed Information

Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Fully equipped office with desktop computers, server, office desk chair etc. 24 Vehicles including Ambulance, Wheel chair vans etc. In house repair shop with lift, tools etc. Wheel chairs, stretchers, first aid kits, office supplies etc.
Competition:
Has virtual monopoly on the business being preferred service provider in major NJ counties. Lockhold on Medicare business that provides most profit.
Growth & Expansion:
Great opportunity for non-medical business professional to get involved. Capture additional clients by B2B marketing and hiring additional drivers and adding new vans accordingly. High profit business.
Financing:
Limited financing for qualified buyers
Support & Training:
15 days training or longer by seller as needed or mutually agreed.
Reason for Selling:
Reinvestment
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(from currently available funds)
 
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Vinny Mahajan

Business Listed By:
Vinny Mahajan

ARIES BUSINESS GROUP

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