Dominant Non-Emergency Medical Transportation Company
| Gross Revenue: | $6,000,000 |
| EBITDA: | $1,600,000 |
Operating for over 20 years, the Company is one of the largest NEMT companies in its state, providing carefree, reliable, and safe transportation to its passengers. The Company provides transportation services for approved Medicaid, Medicare, and worker’s compensation clients who have pre-scheduled appointments at clinics, physician’s offices, pharmacies, outpatient facilities, hospitals, and for other medically necessary services.
INVESTMENT APPEAL
• Superior Name and Reputation: In business for over 20 years, the Company has built an excellent name and reputation with its customers and passengers within the geographic markets it serves.
• Tenured Employees, Strong Non-Owner Management Team: The Company’s owner does not run daily operations and is supported by an experienced and capable management team including an Operations Manager, HR/Compliance Manager, and Fleet/Safety Manager.
• Brokerage Contracts in Place: Ninety-nine percent of the Company’s revenue is derived from NEMT brokerage contracts. Services are primarily provided pursuant to state Medicaid funded business and contracts are renewed every four to five years.
• Strong Historical Sales and Earnings Growth: Revenue grew at an 11.4% CAGR between 2021 and 2023.
• Highly Profitable Niche Business: Earnings as measured by EBITDA averaged 26% of revenue between 2021 and 2023.
