LA Non-Emergency Medical Transportation

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Background

BizEx ID:BizEx1275-EM
General Location:Los Angeles, CA
Category: Local Passenger Transportation
Medical Transportation
Years in Business:19
Under Present Owner:19
Hours of Operation:7:00am - 6:00pm, M-F
Owner Hours:Varies
Training:4 weeks @ 40 hours
Organization Type:S-Corp
Lease Expiration:Buyer to sign new Lease
Lease Options:Buyer to sign new Lease
Building Size:500
Employees:12
Reason for Sale:Retirement

Financials

Asking Price:$775,000
Down Payment:Negotiable
Gross Sales:$800,000
Discretionary Cash Flow:$300,000
FF&E:$150,000
Inventory Included?Yes
Inventory:$5,000
Min. Operating Capital:TBD
Real Estate Available?No
Rent:$1,000
Payroll:$17
Financing:SBA

2018 2017 2016
Gross Sales $ 825,000 $ 860,000 $ 900,000
Gross Profit $ $ $
Disc. Earnings $ 316,000 $ 300,000 $ 280,000




Eric Mellem
Business Broker/ M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 1220802




Don Mellem
Business Broker / M&A Advisor
4640 Admiralty Way, Suite 500
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 155
Direct: 310-882-2200 x155
Lic#: 01845922

OFF MARKET

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations