Large West Tennessee Non-Emergency Medical Transportation Business
Asking Price: | $3,200,000 |
Gross Revenue: | $2,301,899 |
Established Year: | 2019 |
Cash Flow: | $846,321 |
FF&E: | $280,000 |
Here is your chance to own a well-established Non-Emergency Medical Transportation business located in West Tennessee with lots to offer. This presents an excellent opportunity to enter a potentially recession-resistant sector since medical needs are evergreen and the demand for these services remains steady, particularly with the increasing needs of the aging baby boomer population. This NEMT provider is contracted with insurance companies through transportation brokers and the insurance companies are conveniently billed through the broker which eliminates the headache of chasing multiple A/R accounts. The streamlined processes and an efficient back-office keeps margins high and ensures the buyer has more time to spend on growing the business. Growth opportunities are ripe for the picking as they regularly have more trips coming in than they are able to take. This company offers both wheelchair and ambulatory transportation, boasting a fleet of 18 vehicles. Thanks to effective management and a solid reputation, the company enjoys consistent cash flow and is primed for expansion. When I say consistent cash flow, the three year sales average is $2,301,899 and their three year Seller Discretionary Earnings average is $846,321. Priced competitively for a quick sale, allowing the seller to prioritize other business opportunities. Contact us today via phone or email for further details.