MergerPlace

Transportation Company

South Dakota


  • Asking Price: $728,000
  • Gross Income: $1,867,368
  • Cash Flow: $179,273
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $652,387
  • Listing ID: #200164
  • Established: 1986
  • Employees: 25 FT/10 PT

Business Description

Started over 36 years ago, this company provides non emergency medical transport to mobility limited and senior individuals across the upper Midwest.


Business Details

Primary Business Category: Transportation and Warehousing
Location: South Dakota

Company Information

Year Established: 1986
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 25 FT/10 PT

Financial Information

Asking Price: $728,000
Gross Revenue: $1,867,368
Cash Flow: $179,273
FF&E: $652,387
Seller Financing Available: No

Property Information

Growth & expansion opportunities:

The company shows promise for continued growth as the population ages.

Competition:

There is little effective competition in the non emergency medical transport industry in this company's region. There are a few smaller companies, but none have the capacity to secure the larger contracts and none have the history.

Reason for selling:

Owner is reaching the age of retirement. Though he loves the business, his wife and grandchildren are telling him to slow down.

Support & Training:

Will train for 2 weeks @ no cost. Buyer needs to be aware of Medicare and Medicaid billing and procedures. Transfer of licenses and Medicaid and Medicare billing number must be secured or new payment numbers and licenses obtained. Transport permits need to be obtained or transferred.

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Business Listed By:

Jamison Rounds

Murphy Business Brokers