Union County, NJ Transportation and Storage Businesses For Sale

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Established Medical Transportation Company for SaleHighly Reputable Non-Emergency Medical Transportation Company for Sale
$385,000
Established Medical Transportation Company for SaleHighly Reputable Non-Emergency Medical Transportation Company for Sale

Union, NJ

Excellent opportunity to buy and grow an established, highly reputable Non-Emergency Medical Transportation (NEMT) company based in Union, NJ, with about $1 million in annual revenue. This is a professionally managed Paratransit company operating in New Jersey for over 15 years, specializing in transporting clients who are elderly or wheelchair-bound, but can serve any transportation need. The company earns about $1 million in annual revenue, owns a fleet of 19 mobility vans, employs a staff of about 20-22 dedicated employees and has the potential to grow rapidly. A majority of revenue comes from Medicaid patients, an extremely steady source of income, but the business has relationships with private medical practices and healthcare facilities, that can be rapidly expanded. The company uses state of the art technology including AI equipped monitoring cameras, leading dispatching, billing, and scheduling software, and Automatic Vehicle Locator (AVL) tablets. The overall market for this business is huge and the company is well positioned to capture a greater share of it. The company also has a well-developed website, branding, and marketing, which can be used as a platform to expand into other related healthcare business opportunities. The owners have extraneous commitments and can only manage remotely. They believe the business would be better served by a qualified buyer who can dedicated the time needed to make the business successful and take it to the next level.

Pharmacy Courier Service
Cash Flow: $188,105Seller Financing
Pharmacy Courier Service

Union County, NJ

Highly profitable independent pharmacy transportation courier company available to purchase with a gross income of $518,757.56 and a net yearly income of $188,105. This highly successful company is located in Union county and coordinates deliveries for multiple pharmacies. For privacy purposes, this delivery service has its own labels with the name of the particular pharmacy. Pharmacy Courier Service and medical delivery service companies, deliver medications six to seven days weekly to its customers, and has the ability to service additional medical institutions. Their medical couriers understand the sensitive nature and importance of patients’ critical medication deliveries, and the steps that are necessary to fulfill the requirements in the pharmaceutical industry. When it comes to dependable, on-time pharmaceutical medical courier service this company has a stellar reputation with its professional service. They are prepared to supply solutions with special orders to meet their customers pharmaceutical medical needs. For the vast majority of prescriptions, they’re out the same day,” and If necessary, the company will place additional efforts for a special delivery. Online pharmacies do not have the resources to compete with retailer pharmacies regarding convenience and price. The brick-and-mortar locations enable customers to engage patients in ways impossible for non-retailers who only exist in cyberspace. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. This non-retail facility which consist of approximately 1,500 square feet consists of two offices in a commercial rental space. The business is in a commercial rental facility located in Northern New Jersey, Union County, which consists of numerous highly populated communities with continued demand for this service. Regarding employees and payroll, this successful transportation company consist of six full and part time employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis and a weekly base salary, the staff is fully expected to remain post-closing, and the monthly payroll expense is approximately $14,170. The business transaction will offer an assignable commercial lease which expires 2022-01-01, plus additional options available, with a monthly rent of $2,516, cost per square foot is estimated at $20.12 and rent security of approximately $5,000. The business assets has an estimated value of approximately $85,000 which is based on the original replacement buildout cost, tangible & nontangible, equipment, licensing, in addition to the multiple of the existing net yearly income. This transaction consists of a fully equipped commercial transportation company which includes, web site, required licenses, web site, social media venues, six vehicles, displays, shelving, POS accounting system, tables, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The 2018 yearly gross reported income represented by the seller / owner is $518,757 and the business has a yearly net income of approximately $188,105 based on an onsite owner operator and prior to any debt service. The 2019 company’s gross income is expected to be similar with some increase to the previous year.

Medical Transportation Services. Non-Emergency. Unlimited Growth.
$350,000Cash Flow: $94,000Seller Financing
Medical Transportation Services. Non-Emergency. Unlimited Growth.

Union County, NJ

ABSENTEE non-emergency medical transportation business. Established in 2004 and is located in offices rented in Union County NJ. Current owners are employed in financial services companies. The companies main service areas are Union & Essex Counties, with limited service in Hudson & Middlesex Counties. The company transports patients from hospitals, elder care centers, substance abuse centers, long term care centers, housebound elders, and dialysis and rehabilitation patients. The company offers wheelchair and passenger services. Currently the majority of patients transported are MEDICAID recipients through Logisticare (95%) and private patients (5%). Contracts and prices are negotiated with MEDICAID, MEDICARE & Private Providers. The Logisticare contract is a critical element of this business.Scheduling & dispatching software is provided by Logisticare. Sign and send the attached NDA for more information. E: brian@elbrokerage.com T: 917-834-4063 F: 201-568=-5401


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