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Transportation Business In Essex County For Sale

Essex County, New Jersey, US
Asking Price:
$500,000 (USD)
Sales Revenue:
$1,118,000 (USD)
Cash Flow:
$223,600 (USD)

Headquartered in Passaic County, New Jersey and serving Essex, Union, Passaic and Bergen Counties, this twelve -year- old, non-emergency medical transportation company has become available. Under contract with the state regulatory authorities, this company transports ambulatory Medicaid patients to and from their residences and their treatment facilities. Service is provided by ten drivers and ten-owned company minivans all in working condition. In addition, this company employs two independent sub-contractors who provide additional transportation services to NJ State Medicaid patients on behalf of the company. This is a high volume, high margin company whose sales have grown since inception. One principal is active in the business and the other has full-time employment elsewhere and works limited hours. One of the owners will stay if desired. For more information, call Gerald Nimberg, Senior Business Broker, Vested Business Brokers.

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Business Operation

Reasons for selling:

No time

Employees:
4FT
Years established:
2011

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

350,000.00 Down & $150,000 over 18 months

Furniture / Fixtures value:
$50,000 (USD)

Contact Vested Business Brokers HQ

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