Medical Transport, Non-emergency, 25 years in LA

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Background

BizEx ID:BizEx1249-EM
General Location:Los Angeles, CA
Category: Local Passenger Transportation
Health, Medical & Dental
Years in Business:25
Under Present Owner:25
Hours of Operation:7:00am - 6:00pm; Monday - Saturday
Owner Hours:Varies
Training:4 weeks @ 40 hours
Organization Type:C-Corp
Lease Expiration:Month to Month
Lease Options:Yes
Building Size:900
Employees:8
Reason for Sale:Retirement

Financials

Asking Price:$795,000
Down Payment:Negotiable
Gross Sales:$700,000
Discretionary Cash Flow:$290,000
FF&E:$100,000
Inventory Included?Yes
Inventory:$5,000
Min. Operating Capital:TBD
Real Estate Available?No
Rent:$2,500
Payroll:$13
Financing:SBA

2018 2017 2016
Gross Sales $ 680,000 $ 535,000 $ 630,000
Gross Profit $ $ $
Disc. Earnings $ 292,000 $ 206,000 $ 296,000




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




Don Mellem
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 155
Direct: 310-882-2200 x155
Lic#: 01845922

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