Medical Transport, Non-emergency, LA, RV, SB, OC

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Background

BizEx ID:BizEx1329-EM
General Location:Los Angeles, CA
Category: Local Passenger Transportation
Medical Transportation
Years in Business:13
Under Present Owner:3
Hours of Operation:3:00am - 7:00pm, M-Sat
Owner Hours:Varies
Training:4 weeks @ 30 hours
Organization Type:LLC
Lease Expiration:Buyer to secure new location
Lease Options:
Building Size:500
Employees:30
Reason for Sale:Other Opportunities

Financials

Asking Price:$895,000
Down Payment:Negotiable
Gross Sales:$1,800,000
Discretionary Cash Flow:$200,000
FF&E:$350,000
Inventory Included?Yes
Inventory:$5,000
Min. Operating Capital:TBD
Real Estate Available?No
Rent:$1,500

Pictures


Description

Well Established, Non-emergency Medical Transportation in LA, OC, RV, SB 

This branded company has been operating since 2007 and has grown to revenues of about $2,000,000 per year. The 23 vehicle fleet covers a large area with about 80% of the daily rides for Dialysis patients generating steady recurring income. 

Growth Opportunities: With contracts with numerous medical transportation companies and healthcare providers, the company has a solid base to build on. There are numerous opportunities for expanding services and revenue. They decline numerous trip offers daily and a new owner could easily expand the business with additional vans and drivers. 

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.

No medical license is required to own this company. The sellers are semi-absentee with management in place. Reasonable post transfer training is included. The Fleet has an estimated market value of $300,000 and will transfer titles free and clear.

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

NOTE: Registration is necessary for receiving any additional information. 


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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