Non-emergency Medical Transport. Recurring Revenue.
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Background
| BizEx ID: | BizEx1426-EM |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Consumer Services (B2C) Healthcare |
| Years in Business: | 7 |
| Under Present Owner: | 7 |
| Hours of Operation: | 8:00am - 6:00pm. 24 hr phones |
| Owner Hours: | Varies |
| Training: | 4 weeks @ 40 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | 2025 |
| Lease Options: | |
| Building Size: | 500 |
| Employees: | 15 |
| Reason for Sale: | Other Opportunities |
Financials
| Asking Price: | $2,900,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $2,000,000 |
| Discretionary Cash Flow: | $750,000 |
| FF&E: | $300,000 |
| Inventory Included? | Yes |
| Inventory: | $5,000 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $1,100 |
| Payroll: | $55,000 |
| 2023 | |
|---|---|
| Gross Sales | $ 2,000,000 |
| Gross Profit | $ |
| Disc. Earnings | $ 750,000 |
Description
Non-Emergency Medical Transportation Company in Los Angeles; Well-known
High Recurring Revenue due to large volume of Dialysis transports which require 3 trips weekly.
Fleet: 9 Vehicles to include Gurney with Lifts, and Sedans. Well maintained, clean fleet with a large Logo that generates call-in clients.
High Referrals from current, satisfied client base due to the company's focus on customer service and highly reliable scheduling.
This company also Contracts with Large Healthcare Transportation Brokers. Medi-Cal Licensed. LADOT Permits.
They have a new contract starting in April 2024 which has the opportunity to greatly increase revenue.
Growth Opportunities: This company has a solid base to build on and there are numerous opportunities for expanding services and revenue. They have been asked by the transportation brokers to add to the fleet and take many more customers. The sellers are seasoned professionals and are offering training and guidance to a new owner.
Medical transportation businesses are currently very desirable and sought after. A huge population of "Baby-boomers" are reaching an advanced age and healthcare related industries are experiencing excellent growth projected for the next decades.
SBA Pre-approval and a possible Seller Note with a substantial down at close for a qualified buyer.
For more information, please complete the BizEx Buyer Registration at https://www.bizex.net/buy-business/register.
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.
