MergerPlace

Non Emergency Medical Transportation

Minnesota


  • Asking Price: $460,663
  • Gross Income: $1,267,477
  • Cash Flow: $184,265
  • Real Estate: $255,723
  • Inventory: Not Disclosed
  • FF&E: $132,060
  • Listing ID: #212054
  • Established: 2010
  • Employees: 15 Ft / 2 PT

Business Description

This non-emergency medical transportation company was established in 2010 in the Southeast Minnesota area. The company has built a solid reputation for quality and reliability with its insurance companies as well as developing many care provider relationships. Revenue and earnings have grown steadily and there is now additional demand to expand from within its existing customer base.

NOTE: Medical transportation businesses are currently very desirable and sought after by buyers. There is a huge population on of "Baby-boomers" reaching retirement age and healthcare related industries in Southeast Minnesota are seeing excellent growth.


Business Details

Primary Business Category: Transportation and Warehousing
Location: Minnesota

Company Information

Year Established: 2010
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 15 Ft / 2 PT

Financial Information

Asking Price: $460,663
Gross Revenue: $1,267,477
Cash Flow: $184,265
FF&E: $132,060
Real Estate: $255,723
Seller Financing Available: No

Property Information

Facilities:

A lease can be negotiated for the current facility for short term, but will need to be relocated.

Growth & expansion opportunities:

The potential for growth in this business is unlimited. As Southeast Minnesota and the Mayo Clinic are experiencing unprecedented growth the need for non emergency medical transportation has never been greater. The new owner of this well established business can expect unlimited growth opportunities for years to come.

Competition:

There is moderate competition in the surrounding area. Since Southeast Minnesota is home to the world renowned Mayo clinic the demand for non medical transportation is growing at an unprecedented rate.

Reason for selling:

Owners are retiring.

Support & Training:

Will train for 2 weeks @ $0 cost. Their patient services include all facets of non-emergency transport; doctor and dental visits, dialysis treatment, nursing homes, physical therapy clinics, rehabilitation centers, chemotherapy and radiation treatment facilities to list a few. The new owner will need to obtain a Minnesota Department of Transportation (Special Transportation License). Working knowledge of billing insurance companies, as well as working with state and local government agencies is required.

Contact Business Seller

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Business Listed By:

Jacob Petersen

Murphy Business Brokers