Business For Sale Listing 113222
Non-Emergency Medical Transportation
Status as of Nov-21-2008 at 06:07 PM: Off The Market
Business Summary
Revenues are up!!!! This non-emergency specialized transportation company, with its home office in Minneapolis, has seen incredible growth since it began in 1985. The company transports people with physical and/or mental disabilities and the elderly to medical appointments. It started business with a single van. The company’s fleet now has about 128 vehicles, all of which are well maintained and clean. The majority of its business is in Minnesota, but it also transports patients to bordering states. It is capable of handling clients on stretchers and in wheelchairs.
The service-oriented company trains employees to treat clients as family. More than 70 percent of clients are repeat customers. The company does a substantial amount of work for the Minnesota Department of Human Services, various health plans and nursing homes. It uses a dispatch center that allows it to provide transportation for clients 24 hours a day, 7-days a week.
The company has an excellent profit ratio and exceptional reputation in the industry. It is the largest company of its type in the state and often receives requests for more work than it can handle.
Both owners are willing to stay on for up to six months after the business sells to help smooth the transition.
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Industry
Location
Financials
| Sales: |
Between $5 Million And $10 Million ($5,756,861) |
| Profits: |
Between $100 Thousand and $500 Thousand ($246,600) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $5 Million and $7.5 Million ($6,000,000) |
