NON-EMERGENCY AMBULETTEE MEDICAID TRNS129

Price: $325,000

Location: New York, New York

Industry: Transportation

Listing ID: TRAN127

Potential opportunity for EB-5 US Visa Investor

Wonderful highly profitable business opportunity to enter the medical non-emergency transportation industry which also includes non-ambulatory service in the New York boroughs. 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 private insurance companies representing a consistent 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 details of sale, this business expects to supply a consistent return on investment to the owner operator.

Listing Details

Revenue: $341,522

Cash Flow: $98,000

(Included in Price)

Reason For Sale:

The purpose of this business transaction is due to the owner’s retirement after many years in this transportation industry.

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.

Location

Security on Lease: Two months

Lease Option: Yes, Available

Monthly Rent: 850.00

Type of Location: Commercial Avenue

Square Footage: 450.

Relocatable?: Yes

Facilities Information:

This business opportunity is in Brooklyn New York, 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 creating a website, investing in additional vehicles, accepting additional available work from the various insurance sources, instituting a marketing plan, develop a web site and the offering local advertising.

 

Financing/Terms:

Also, seller financing is available to a qualified buyer with a reasonable down payment, collateral, and credit rating.

Ron Cervelli

contactus@regalconsultants.com

Fill Out Our NDA

Contact Us About This Listing

  • Hidden
  • This field is for validation purposes and should be left unchanged.