Well established profitable medical transportation company- turn-key

Miami, FL
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Sale Pending
Asking Price:$4,000,000
Gross Revenue:$4,233,613
Established Year:2014
Cash Flow:$900,783
FF&E:$450,000
BUSINESS DESCRIPTION

This is an excellent opportunity to acquire an established Non-Emergency Medical Transportation Company operating in Broward and Miami Dade, since 2014.

The business is still growing and the net income for 2024 will be over $1,000,000.00 according to the YTD profit and Loss statement.

The company focusses 90% on dialysis patients who need to go 3 times a week to the dialysis centers. 21 vehicles in total with only 2 dedicated to other types of customers. So, there is no seasonality, this is a very steady and recession free business.

Asking price is including all vehicles, office furniture, computers and digital assets, the 2 licenses for Miami obtained in 2014 and for Broward obtained in 2019, all permits and contracts for Miami and Broward county.

Great fleet of 21 vehicles and experienced team of 25 drivers/assistants. All is coordinated from the office with 1 dispatcher and 1 dispatch manager , one admin. assistant .

Owners are working part time, as the business is turn-key and all automated, with highly trained staff.

The business has a great reputation due the quality of service, punctuality and quality of the fleet and highly trained and experienced coordinators and manager.

As of now, in the Non-Emergency Medical transport industry, the Company is at the top in Miami-Dade County. Their competitors don’t often have the amount of vehicles they have acquired, nor the quality of equipment, such as automatic wheelchair lifts or Bariatric Stretchers.

Good contracts in place with the following accounts

-movidcare for 9 years 
-access2care for 10 years 
- Alivi for 9 years 
- Miami jewish rehab for 2 years 
 
-Reliable staffing have been in the company for 4 to 10 years . 
 
The website has been updated recently. Sellers will sign a non compete agreement for 4 years for Miami and Broward counties were they are currently operating.

Sellers are willing to assist the new owner with a smooth transition for 3 months.

Attention to all prospect buyers: This is a very confidential sale and a very hot listing. Broker needs a real proof of funds and a biography with your signed NDA that will be submitted to the seller prior to releasing any confidential information.
Seller will give priority to a quick sale and all cash purchase.


DETAILED INFORMATION
Location
Miami, FL
Inventory
Not Included in asking price
Real Estate
Leased
Employees
25
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Well appointed Office for dispatching and admin- accounting. A separate warehouse
Competition
reat reputation, 2nd best company in Miami dade the company has two licenses for medical transportation in Miami since 2014 and Broward since 2019. Details on number of patients served over the past three years by type (ambulatory, wheelchair, stretcher), health appointment (dialysis, therapy, etc.), brokerage sending patients, location(Miami, Broward, etc.), amount paid, and mileage of trip: The company keeps a very tidy digital trip log through their routing system called "CTS Trip Manifest". In there, you could see in detail every trip they have done
Growth & Expansion
This business is constantly growing.The owners are always in the market to obtain new contracts. Sometimes they reach out to specific facilities, marketing their services. However, it happens often, since they maintain a pretty good reputation in Miami, that almost all contacts they have, have reached out to them, wanting to partner up, including the Miami Jewish hospital account.
Financing
No seller financing - No SBA loan - All cash deal preferred
Support & Training
This business is turnkey, with automated process and a highly trained and experienced team of 28 employees (drivers and assistants), one dispatcher manager and one admin. assistant. Owner will stay and train the new owner for 3 months.
Reason for Selling
family health reasons
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Raquel
Afriat
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Raquel Afriat