Business for Sale

Medical Transportation Co, Northern CA. 18+ years

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:$495,000
Down Payment:Negotiable
Gross Sales:$850,000
Discretionary Cash Flow:$170,000
FF&E:$165,000
Inventory Included?Yes
Inventory:$14,000
Min. Operating Capital:
Real Estate Available?No
Rent:$1,700
Payroll:$34
Financing:Buyer

2017 2016
Gross Sales $ 8,550,000 $ 954,000
Gross Profit $ $
Disc. Earnings $ 170,000 $ 190,000

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