Ambulance Co in LA, High Volume and Growth

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Background

BizEx ID:BizEx1284-EM
General Location:Los Angeles, CA
Category: Local Passenger Transportation
Medical Transportation
Years in Business:17
Under Present Owner:3
Hours of Operation:24/7
Owner Hours:Varies
Training:4 weeks @ 30 hours
Organization Type:S-Corp
Lease Expiration:
Lease Options:New Lease or buy property
Building Size:5,459
Employees:81
Reason for Sale:Other Opportunities

Financials

Asking Price:$2,895,000
Down Payment:Negotiable
Gross Sales:$5,000,000
Discretionary Cash Flow:$1,000,000
FF&E:$814,000
Inventory Included?Yes
Inventory:$65,000
Min. Operating Capital:TBD
Real Estate Available?Yes
Rent:$7,500
Payroll:$250,000
Financing:SBA

2020 March 31 2019 2018
Gross Sales $ 1,814,000 $ 4,000,000 $ 3,275,000
Gross Profit $ $ $
Disc. Earnings $ 708,000 $ 700,000 $ 392,000




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