Non Emergency Transportation
| Asking Price: | $380,000 |
| Inventory: | $180,000 |
| Established Year: | 2022 |
| Gross Revenue: | $205,000 |
| EBITDA: | $115,000 |
Medical Transportation In Los Angeles
Overview:
A fully operational Non-Emergency Medical Transportation (NEMT) company with a strong reputation and high potential for growth. The owners have invested significant time and resources into branding, including a professional website and optimized online presence on Google and Yelp. All three vehicles are professionally decaled, enhancing brand visibility and credibility with clients and partners. With a focus on private-pay clients (85%+) and strategic broker contracts, this business offers a rare and lucrative opportunity for the right buyer.
Key Features:
- Medi-Cal Approved: Fully certified with a provider number, meeting all compliance standards.
- Credentialed by LADOT: Ensures ability to work in the county of Los Angeles.
- Established Online Presence: Professionally developed website and active profiles on Google and Yelp for enhanced visibility and lead generation.
- Broker Contracts: Partnered with most major brokers in the area, providing a steady flow of contracted work.
Assets Included in the Sale:
Fleet of 3 Vehicles:
- 2022 Ford Transit 150 LWB (52,000 miles) – configured for gurney, 2 wheelchairs, and 2 ambulatory patients.
- 2016 Ford Transit 150 RWB (49,000 miles) – configured for gurney, 2 wheelchairs, and 2 ambulatory patients.
- 2022 Ford Transit Connect (43,000 miles) – configured for wheelchair and ambulatory transport.
Specialized Equipment:
- 1 brand new Braun Mobility lift.
- 1 brand new van seat.
- 1 brand new gurney rack.
- 1 used stair chair.
- 1 used gurney
- 6 sets of Q'Straint wheelchair securement devices (3 brand new).
- 2 spare wheelchairs and additional small equipment.
- (and other equipment)
Operations:
The business was owner-operated until September 2023, with two 50/50 owners managing day-to-day operations part-time while pursuing other professional endeavors.
Growth Potential:
The Non-Emergency Medical Transportation (NEMT) industry is on a robust growth trajectory. The global NEMT market was valued at approximately USD 8.66 billion in 2021 and is projected to reach USD 15.58 billion by 2028, expanding at a compound annual growth rate (CAGR) of 9.0% during this period.
This expansion is driven by factors such as an aging population, increasing prevalence of chronic diseases, and a growing emphasis on patient-centric care. These trends indicate a rising demand for NEMT services, presenting significant opportunities for business growth and market expansion.
By leveraging the company's established online presence and existing broker contracts, a new owner can capitalize on this industry growth. Potential strategies include expanding the fleet, diversifying service offerings, and forming additional partnerships with healthcare facilities to meet the increasing demand for NEMT services.
