Transportation Business in New Jersey
| Asking Price: | $4,300,000 |
| Gross Revenue: | $3,900,000 |
| Established Year: | 2009 |
| Cash Flow: | $1,100,000 |
| FF&E: | $1,500,000 |
Transportation Business
LISTING ID # 36174
Turn-Key, Seller Financing, Multi-Purpose, Asset-Rich, Highly Profitable and Recession Proof. These are the attributes of an Essex County Special Needs School Bus and Non-Emergency Medical Transportation Company. The potential Buyer should have a minimum $2.5 million in equity capital and experience in either Special Needs or medical patient transportation. The company comes with 73 vehicles, 43 school bus routes and contracts, and the medical transportation portion of the business services Medicare, Medicaid, Insurance company and Private Pay transportation anywhere in New Jersey and it can service New York and Pennsylvania patients also as long as either pick-up or drop-off is in Jersey. It has New Jersey State licenses and contracts to provide Basic Life Support and EMS, including CPR, wound care, health assessment, basic first aid and cardiac arrest management, as well as Medicare and nursing home services and an experienced, well-reputed employee base of EMTs, EMRs, MVOs, Nurses, staff of 6 and a driver and aide base comprising 107 full- and part-time employees. It has the size, staff and structure to support maximum growth. The owner has acquired other related properties and businesses to complement its transportation services including a mechanics shop and an auto body shop both of which service the Company’s fleet and provide outside services to the local community as well. These business and properties are available separately. The Owner is now seeking to retire and sell all properties and businesses.
