Non Emergency Ambulance Service In South Central Texas For Sale

Business description

A growing and profitable non-emergency ambulance service is for sale in South Central Texas. A history of excellent service has spurred revenue growth exceeding 20% per year over the last five years, well above the industry average of 5%. Growth coupled with a simple but effective management philosophy has also yielded higher than average profitability.

The majority of revenue is generated from pre-scheduled BLS transports with MICU capabilities. Approximately 80% of revenue is paid through Medicaid, 10% through Medicare and 10% private insurance. The business comes with multiple state approved fully stocked units. Seller will provide mutually agreeable training and transition period for new owner.

This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. For more information contact Frank Duringer below.

Property information

Real Estate:

Lease

Lease terms:

$1,800 per month

Location:

1,200 sq. ft. building

Size in square feet:

1,200

Business Operation

Reasons for selling:

Started a new business venture

Trading hours:

Monday-Saturday 3:45 am - 8:00 pm

Employees:

12 FT, 10 PT

Years established:

8 years (2003)

Other information

Support & training:

Seller will provide training

Furniture / Fixtures value:

$216,000 (included in the asking price)