Profitable Non-Emergency Medical Transportation

Palm Beach County, FL
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Asking Price:$799,995
Gross Revenue:$1,038,658
Rent:$1,526/Month
Established Year:2015
Cash Flow:$277,983
Inventory:$5,000
FF&E:$366,000
BUSINESS DESCRIPTION

Excellent Private Pay Non-Emergency Medical Transport Company specializing in wheelchair and stretcher transports. The business is Lender pre-qualified for a SBA 7a loan with a $129,500 down payment.

This is a reputable and well-established business in the community with very little area industry competition. It is located in a very desirable and booming part of Florida's Treasure Coast which is experiencing unprecedented growth. They provide services to private individuals and facilities to and from hospitals, doctor's appointments, medical treatments, social activities from dining out to weddings, family events, airport, and cruise transportation, etc. Upside for growth potential includes Emergency Room transportation, Broker referred work, increased website, social media, and other marketing plus expanded territory coverage. The business currently has no active advertising or marketing campaigns. They have consistent monthly sales and are not significantly seasonal like most Florida businesses. This business is essentially recession proof and qualifies as an "essential service business" allowed to operate in a pandemic or other economic downturn or crisis. Medical related businesses are known to be among the best and most consistent in Florida due to the make-up of the population consisting heavily of people who have come to retire in the Sunshine State.

They are fully staffed with drivers, managers, and dispatchers in place. The current Owners uphold high standards for their W2 Employees (no 1099 subcontract drivers), and the 'seemingly' lost art of good old fashioned customer service. The business has modern software, protocols and procedures making it technologically sound and remote operation capable. They additionally have a fabulous WC and HR resource in place.

The office location features an attractive long-term lease in a perfect central location with hard-to-find overnight parking.

The Company features a full commercial fleet of well-maintained vehicles which importantly qualify for "Fleet Status" ratings. They have an excellent fleet mechanic who can take of all necessary maintenance requirements.

This opportunity is SBA Lender Qualified for a qualified prospective acquirer.

The Owners are ready to retire and pass on the torch to another capable Owner to carry on their legacy of top-notch service. This is an excellent opportunity for an Entrepreneur, Owner/Operator, Husband and Wife, Family or as an add-on for an existing transportation industry Buyer looking to expand their service area or scope of services. The Sellers are very proud of the business and willing to provide 3 weeks of transition training at no cost and consulting services as needed thereafter to help ensure a winning strategy for their successor.


DETAILED INFORMATION
Location
Palm Beach County, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
837
Lease Expiration
14/11/2025
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Centrally located office space with overnight parking for all vehicles.
Competition
This business is located in the very desirable and booming Treasure Coast of Florida which is experiencing unprecedented growth. The Treasure Coast is centrally located in Florida providing access within hours to Daytona, Tampa Bay, West Palm Beach, Ft. Lauderdale, Miami, the Florida Key, the Bahamas and more. Martin County is just north of Palm Beach County and 100 miles north of Miami. It is not as populated and busy as the megatropolis area from Palm Beach through Miami, yet you can easily access South Florida by car for daytrips or long weekends.
Growth & Expansion
This business has several possiblities for growth outlined in the description above. The Seller can further discuss the potential with prospective Buyers in person or via audio or video conference calls.
Financing
The business is Lender Qualified with $129,500
Support & Training
Seller will train for 3 weeks at no charge and provide consulting thereafter as needed.
Reason for Selling
The Seller's are retiring.
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