Ambulette Service Medicaid. trns130

Price: $299,900

Location: Rockland County, New York

Industry: Adult Club

Listing ID: trns130

Wonderful highly profitable business opportunity to enter the medical non-emergency transportation industry which also includes non-ambulatory service in Rockland County New York. This Company is Medicaid approved, licensed with the Dept of Transportation Authority, Taxi Limo Transportation commission and has various contract agreements with insurance companies. The company provides transportation for various clients including wheelchair patients, transportation for the disabled, and for the elderly in and around the New York metropolitan area. This company is paid from Medicaid and insurance companies representing a substantial net yearly income to the owner operator. They offer the best medical transportation service and non-emergency medical transport with a professional team of drivers with a cost-effective transportation service. The company has valuable licenses to conduct business which are not easily available for a new operation. This is a dependable safe business opportunity and based on the asking price and yearly net income, this business expects to supply a consistent return on investment to the owner operator.

Listing Details

Revenue: $344,000

Cash Flow: $90,000

FFE: $165,000 (Included in Price)

Inventory: $999 (Included in Price)

Reason For Sale:

The purpose of this business transaction is due to the owner alternative company, not in the transportation industry, which demands his full-time attention.

Training & Support:

Training and owner support, the owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator.

Operation

Year Established: 2010

Days & Hours of Operation: Days Hours of operation, this five-year-old, successful transportation company is active six days per week, with hours from 5:00 am to 10:00 pm.

Owner Hours Per Week: absentee

Employees: Regarding employees and payroll, this non-medical transportation company consist of four full and two part time employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis, the staff is unaware of the pending sale & fully expected to remain post-closing, and the monthly payroll expense is approximately $10,650 consisting of local drivers.

Location

Security on Lease: Two Months

Monthly Rent: 1000

Type of Location: Commercial Avenue

Square Footage: 1200

Facilities Information:

Due to the mobility of this industry, most transportation service companies and staff as non-retail, function from a private office. This business opportunity is in Southern New York Rockland County, which consists of highly populated communities with continued demand for this transportation service.

Summary

Owner Qualifications:

For Qualifications purposes, this business opportunity and industry require government licensing approval to operate in addition to the standard required municipal licenses.

 

Competition:

Regarding competition, it is not a significant issue in this industry due to the unavailability of obtaining the various licenses and approval. Also, the cost of instituting a new operation will represent hundreds of thousands of dollars, time, and resources. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Potential Growth:

Regarding growth and expansion, the business opportunity can be further expanded by the new operator by simply accepting additional available work from the various insurance sources, instituting a marketing plan, develop a web site and the offering local advertising.

Financing/Terms:

Seller financing available

Ron Cervelli

contactus@regalconsultants.com

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