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Turnkey Medical Transport Biz
Location Maryland,United States
Asking Price Range < $250K
Gross Revenues $117414
Net Profit / Cash Flow $69813
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2001
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train
Reason for Sale Personal
Description This boutique private pay ambulatory and wheelchair transport company carries elderly and disabled passengers on scheduled one way or round trip in and around a 20 mile radius of the DC Metro area of Montgomery County MD. Trips are ordered by established clients which are assisted living, intermediate care, or skilled nursing facilities. Company drivers provide through the door direct transport assistance in connection with hospital discharges, nursing home transfers, outpatient rehabilitation, doctor appointments, dialysis, radiation treatments, outpatient chemotherapy and any other purpose requiring secure and caring movement of those in need of assistance. Fares are invoiced to nursing homes or paid by passengers with credit card or check. Owner who started the business in 2010 is retiring early and moving to the beach. Average fare is $95. Busiest day brings $1000 per van in revenue. Detailed financial records and tax returns show sufficient net profit to support a business loan payment. The business can grow by adding more vehicles, taking longer fares, and working longer hours to meet existing demand. Business is on the wait list for Medicaid provider approval. Buyer gets the recognized name and established business relationships, two raised roof ambulette vans with NHTSA compliant lifts that comfortably accommodate both wheelchair and ambulatory patients, and transitional assistance via training and introductions. Both the WMATC Certificate of Authority and CSL Insurance policy are transferable, saving a lot of time and money for the new owner. Owner works by choice a regular FT schedule Monday through Friday plus weekends if pre-scheduled, and calls in contract drivers to handle the overflow. Current owner prefers to drive and make the trips, marketing the services and developing relationships at each stop. Adding more vehicles will require staff to dispatch and manage records, or the owner can manage the business from a home or outside office with additiona
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