Profitable Non-Emergency Medical Transport Business for Sale

VA

Profitable Non-Emergency Medical Transport Business for Sale
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Asking Price: $3,500,000

Cash Flow: $1,304,327

Gross Revenue: $3,141,560

EBITDA: $1,043,857

FF&E: $773,975

Inventory: N/A

Established: 2009

Profitable Non-Emergency Medical Transport Business for Sale

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Business Description

Great Cashflow - Rapidly Growing Industry

This non-emergency medical transport business was founded 10 years ago and has been growing ever since. They provide safe and reliable transportation for ambulatory, wheel chair bound and those individuals that cannot be transported without stretchers for a large portion of the state of Virginia and beyond. With the large, aging baby boomer population and the expansion of Medicare and Medicaid they are poised to continue their rapid growth for years to come. The healthcare transportation market was valued at nearly $22 billion in 2017 and it is projected that the market will be valued at $31.5 billion by 2026 making this already very profitable business a relatively risk free and recession proof investment. This is an excellent acquisition opportunity for either a current provider of these services or an experienced investor with strong management skills that wants a solid business to hedge against the uncertainty in today’s stock markets.

Key Investment Considerations

• $3.1+ million in revenue in 2018
• $1+ million EBITDA in 2018
• $1.3+ million in cashflow in 2018
• Tracking for 3.6++ million in revenue in 2019
• $750,000 in assets included free and clear
• Perfect 60/40 split insurance to private pay
• Great reputation for exemplary service
• Run by an experienced management team of 4 including the owner
• 30+ vehicles all newer and in great condition with more on order
• All vehicles have both inside and outside view cameras as well as GPS and geo-fencing
• All drivers are P.A.S.S. certified, drug tested and have had thorough background checks
• Seller is offering 12 weeks training at no additional cost

As always, other brokers are welcome. Bring your qualified buyers while this opportunity still exists!

Detailed Information

Inventory:
Included in asking price
Employees:
39
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Home Based
Support & Training:
12 weeks
Reason for Selling:
retiring
Home-Based:
This business is Home-Based
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Contact the Seller

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Steve Sigman

Business Listed By:
Steve Sigman

Transworld Business Advisors

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