Business for Sale

Ambulance + Medical Transport; Sacramento

BizEx1090-EM

Background

General Location:Northern California, CA
Category: Local Passenger Transportation
Health, Medical & Dental
Years in Business:18
Under Present Owner:18
Hours of Operation:24 / 7
Owner Hours:9-6
Training:4 weeks @ 30 hours
Organization Type:C-Corp
Lease Expiration:1/1/2018
Lease Options:Buyer to negotiate new lease
Building Size:1,276
Employees:23
Reason for Sale:Other Ventures

Financials

Asking Price:$550,000
Down Payment:$55,000
Gross Sales:$1,000,000
Discretionary Cash Flow:$250,000
FF&E:$165,000
Inventory Included?Yes
Inventory:$14,000
Min. Operating Capital:$50,000
Real Estate Available?No
Rent:$1,700
Payroll:$34
Financing:Call

2017 YTD (Sept 12) 2016 2015
Gross Sales $ 633,042 $ 934,663 $ 1,010,939
Gross Profit $ 633,042 $ 934,663 $ 1,010,939
Disc. Earnings $ 175,334 $ 214,240 $ 13,874

Description

A GREAT OPPORTUNITY to acquire a well established and branded Ambulance and Medical Transportation company in Northern California. For almost 2 decades, this well respected company has developed over 100 active accounts, primarily due to their stellar reputation (only about $5,000 annually is spent on advertising).  

Clients: various Private Medical Facilities, HMO organizations,  High Schools, Medicare and with the public direct.

Services: all Emergency Medical Services are available 24 hours per day / 365 days per year. Non-emergency medical transportation services, including gurney and wheelchair transport, is available 7 days a week. 

Fleet: their transportation fleet of 10 well-serviced and Branded vehicles are inspected and licensed by the California Highway Patrol and consists of Basic Life Support and Advanced Life Support systems and supplies.

OPPORTUNITY - the Medical Transportation industry is growing each year due to the ageing "baby-boomers" population. Excellent growth potential for this company.

Contact me for more information: Eric Mellem, BizEx Business Broker, direct at (310) 293-6414 or emellem@bizex.net. For faster response, please complete the Buyer Register and NDA at www.bizex.net.

 

 


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.

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Eric Mellem
M&A Advisor
4551 Glencoe Ave. #210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 01220802