Business for Sale

Under Contract

LA Non-Emergency Medical Transportation Co

BizEx1143-EM

Background

General Location:Los Angeles, CA
Category: Local Passenger Transportation
Health, Medical & Dental
Years in Business:8
Under Present Owner:8
Hours of Operation:8-6
Owner Hours:8-6
Training:4 weeks @ 30 hours
Organization Type:S-Corp
Lease Expiration:Month to Month
Lease Options:
Building Size:200
Employees:18
Reason for Sale:Other Opportunities

Financials

Asking Price:$1,495,000
Down Payment:Negotiable
Gross Sales:$1,600,000
Discretionary Cash Flow:$450,000
FF&E:$140,000
Inventory Included?Yes
Inventory:$2,000
Min. Operating Capital:$50,000
Real Estate Available?No
Rent:$625
Payroll:$40
Financing:SBA

2017 2016 2015
Gross Sales $ 2,013,000 $ 2,130,000 $ 1,475,000
Gross Profit $ $ $
Disc. Earnings $ 700,000 $ 800,000 $ 400,000

Description

Very Profitable and Established Medical Transportation Company 

This non-emergency medical transportation company is a well known, high volume company operating solely in Los Angeles County. Excellent profit of $800,000 from $2,100,000 from annual revenue. Excellent growth opportunities.

NOTE: Medical transportation businesses are very desirable and sought after currently. A huge population of "Baby-boomers" are reaching advanced age and medical related industries are seeing excellent growth. We sell these Listings very quickly.  

The company was founded in 2010 and currently operates a well maintained vehicle fleet of 19 wheelchair equipped vans. Their patient services include all facets of non-emergency transport; doctor and dental visits, dialysis treatment, nursing homes, pharmacies, physical therapy clinics, rehabilitation centers, chemotherapy and radiation treatment facilities to list a few. They offer services in English, Spanish, and Armenian.

Contact me for more information: Eric Mellem, Business Broker at (310) 293-6414 or emellem@bizex.net. For faster response please register and complete the Non-Disclosure Agreement 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
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