Non-Emergency Medical Transport Business For Sale

Virginia Beach, VA

Seller Financing Available

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Asking Price:$689,000
Gross Revenue:$582,048
FF&E:$78,507
Cash Flow:$200,595
Rent:$470/Month
Established Year:2014
BUSINESS DESCRIPTION

This semi-absentee medical transport business, has phenomenal business margins and numerous avenues to grow the business. They primarily derive most of their revenue from insurance companies who pay for this service and their is very little private pay business as of this moment. The owner spends approx 15 hours a week on the business, and goes general oversight and billing. There are 5 vehicles included in the sale. There is software and systems in place that run all the routes and keeps track of the billing.


DETAILED INFORMATION
Location
Virginia Beach, VA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
400
Lease Expiration
31/12/2024
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Includes 5 well - maintained vans. Currently located in a centrally located office with parking and could be relocated in the area if so desired.
Competition
Other competition but customer prefer to use their services because of their reliability .
Growth & Expansion
Add private pay, more vehicles and cities.
Financing
TBD
Support & Training
2 weeks
Reason for Selling
Other businesses to focus on
Home-Based
This business is Home-Based
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Tim
Johnson
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Tim Johnson