Profitable Non-Emergency
Medical Transport Company
South Mississippi, Mississippi
Financials
Asking: $1,890,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $402,000
NOT Included in the Asking Price:
Real Estate: $120,000
Gross: $1,841,618
Cash Flow: $422,012
Summary Description
This outstanding company derives approximately 70% of its revenue as the
preferred Medicaid contractor for non-emergency patient transportation in six
Mississippi counties. The remaining 30% of revenue comes from a variety of
private pay customers.
The firm was founded in 2003, and has experienced rapid growth in
the last 3 years in particular. The company operates 30 vehicles including 16
wheelchair accessible ASDA compliant vans. The firm has a dedicated staff of
long term employees including 6 office personnel and the owner plus 30 drivers.
There is very low employee turnover with most employees being with the firm for
several years.
Services include taking disadvantaged and/or disabled persons to
doctor's appointments, dialysis and other medically related needs. The private
pay portion of the company's service includes the contracted and non-contracted
transportation of nursing home residents and individuals to a variety of
appointments and events.
Invest in this opportunity and enjoy outstanding cash flow from
day one. The firm enjoys an excellent reputation with the general public and
the Medicaid transportation broker in Jackson, Mississippi.
In summary, the advantages of investing in this opportunity are:
Positive cash flow
from your first day of ownership,
Reputation for
outstanding customer service earned over several years,
Fully trained
office staff and fleet drivers already in place,
Existing solid
platform of operations from which the business could be expanded,
A medically
related, recession resistant segment of the economy,
Loyal customer base
already using the companys services,
Important vendor /
supplier contracts already in effect and transferrable and
Full training and
orientation for the new owner by the seller.
General Information
Year Established: 2003
Employees: 40
Facilities: The office is approximately 2,400 square feet and has been
completely remodeled specifically for a transportation service operation. The
lease is a most reasonable $1,000 per month, or the building and lot is
available through a Mississippi licensed real estate broker for $120,000.
About the Sale
Financing: Negotiable for credit worthy purchaser
Support/Training: The owner is committed to a seamless transition and
will thoroughly train a new owner in all aspects of the operation.
Reason Selling: Retirement to more passive income interests.
Contact Information
William Bruce, ABI
Sunbelt Business Brokers
Phone: 251.990.5910
Write: