Contracted Medical Transport Business In Bergen County For Sale

Overview

  • Business services, Services
  • Property Type

Description


Bergen County,
New Jersey, US

Asking Price:


$1,350,000

Sales Revenue:

$1,300,000

Cash Flow:

$425,000

Seller financing available to a qualified buyer. Growth upon Growth upon Growth. The State of New Jersey has contracted with this company to transport Medicaid patients to and from medical treatment facilities. Headquartered in Bergen County and serving Bergen and Passaic County, the owner of this business is seeking to retire after twenty years of hard work. Competition in this industry is limited due to the time and cost to obtain licenses, contract with the state and meet the driver, vehicle and state insurance requirements. Because of the limited competition, the businesses that have met these requirements are highly profitable and the licenses have real value beyond their immediate earnings. This particular business averages $320 per trip paid by the state which is 7 to 8 times above the norm and since the industry is served by small, independently owned companies, the roll-up opportunities and the ability to service additional counties offer unlimited potential. Building a Better Future for You and Your Family. Call the broker for more details.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us to discover the difference that is Vested Business Brokers.

Business Operation

Reasons for selling:

Retiring

Employees:
14FT
Years established:
2003

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

800,000.00 Down & Balance at 6% over 3 years

Furniture / Fixtures value:
$150,000



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Address

  • State/county New York
  • Country United States

Details

Updated on February 2, 2023 at 12:59 am
  • Property Type: Business services, Services
  • Property Status: For Sale

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