Non-Emergency Medical Transport Long Bch, 10 Vans

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Background

BizEx ID:BizEx1324-EM
General Location:Long Beach, CA
Category: Local Passenger Transportation
Health, Medical & Dental
Years in Business:4
Under Present Owner:4
Hours of Operation:Monday - Saturday
Owner Hours:Varies
Training:2 weeks @ 30 hours
Organization Type:S-Corp
Lease Expiration:
Lease Options:Buyer will need to find space to operate
Building Size:
Employees:11
Reason for Sale:Other Opportunities

Financials

Asking Price:$299,000
Down Payment:Negotiable
Gross Sales:$750,000
Discretionary Cash Flow:$90,000
FF&E:$250,000
Inventory Included?Yes
Inventory:$1,000
Min. Operating Capital:TBD
Real Estate Available?No
Rent:
Payroll:$30,000
Financing:Other

Pictures


Description

The company currently operates a very polished, well maintained vehicle fleet of 10 vehicles specializing in dialysis patients.  All vans are wheel chair accessible.  They do over 600 dialysis trips weekly and supplement with doctor appointments.  Company has grown through good relationships with Health Care Dispatch services, reliable service and word of mouth.  The current owner operates from his home.  A new buyer will need to secure a new location to operate the business. 

NOTE: 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.

Growth Opportunities:  This company has a solid base to build on and there are numerous opportunities for expanding services and revenue. The demand does exceed supply and the business can expand with additional vans and drivers. Additional avenues of expansion include the addition of direct pay customers, the addition of Gurney / Stretcher, and Ambulatory Services.  The seller is a seasoned professional and is offering training and guidance to a new owner. 

For more information, please complete the registration at https://www.bizex.net/buy-business/register.

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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.




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




Dan Higgins
Business Broker/ M&A Advisor
4551 Glencoe Ave. #210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 166
Direct: (714) 719-1809
Lic#: 02114580

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