MergerPlace

Successful No.CA Ambulance Service

California


  • Asking Price: $4,500,000
  • Gross Income: $9,196,870
  • Cash Flow: $1,107,704
  • Real Estate: $2
  • Inventory: Not Disclosed
  • FF&E: $500,000
  • Listing ID: #226562
  • Established: 1995
  • Employees: 64 FT 39 PT 1 Owner

Business Description

The company operates in its marketing area with a continuous 24-7 operation. Ambulance service is Inter-Facility, Emergency, and Neonatal.
In addition to its fleet of ambulances, it maintains a full-service maintenance center at its primary facility.
Services include Basic Life Support-EMT’s; Advanced Life Support-Paramedics; Critical Care Transport- RN’s; and Neonatal and Standby Coverage.
Client base includes government hospital systems, private hospitals, children’s hospitals, and skilled nursing and rehabilitation facilities.
Sale includes 26+ ambulance vehicles, extensive office furnishings, up to date medical equipment, state of the art telecommunication equipment, tools for vehicle maintenance, and inventory of supplies.
Sale also includes considerable Working Capital in form of A/R- 4 mil+ discounted to 1.2 million of purchase price.
Current leases are either long term or open to extensions pending viability of buyer.
Owner is selling to concentrate full time on another business. He is open to staying on short term-up to a year plus or minus-if needed. Preference is to transition out of business in a matter of months.
Price: 4.5 million, all cash at close.




Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or email Richard Waxman at rwaxman@mabusinessadvisors.com or call 415-515-3487 to receive a confidentiality agreement and to learn more about this opportunity.


Business Details

Primary Business Category: Health Care - Ambulatory
Location: California

Company Information

Year Established: 1995
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 64 FT 39 PT 1 Owner

Financial Information

Asking Price: $4,500,000
Gross Revenue: $9,196,870
Cash Flow: $1,107,704
FF&E: $500,000
Real Estate: $2
Seller Financing Available: Yes

Property Information

Facilities:

11700 sf in Location 1; 5000 sf in Location 2 3-year lease Location 1: 19,071 monthly; expires11/21 Location 2: 4478.80 monthly

Growth & expansion opportunities:

New contract opportunities coming on line soon….additional contracts with skilled nursing facilities…

Competition:

Several competitors…Health Care market remains strong, particularly with aging boomer population.

Reason for selling:

Concentrate on another business he owns.

Support & Training:

Seller will provide training at no cost to buyer.

Contact Business Seller

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Business Listed By:

Richard Waxman

Certified Business Broker