Unique and Desirable Medical Transportation Company with huge growth potential, Seller Financing
About this business for saleUnique and Desirable Medical Transportation Company with huge growth potential, Seller Financing
This transportation business has successfully transformed itself from a wine tour business to medical transportation business over the years. This business comes with 5 medical specialty trucks and drivers. Patients with certain medical conditions require transportation from home to hospital about 3 to 5 five times a week so this is a repeat business as the drivers and the patient establish a relationship.
The business model is strong and the revenue is growing year over year for the past 3 years from $329K in 2016 to $386K in 2019. The transportation service is reimbursed by health insurance so income is guaranteed for the services offered. The owner also has pick up and drop off service for kids with special needs.
The great opportunity in this business is to add new trucks and drivers and continue to grow and also setup an online appointment system for customers to easily schedule appointments with drivers. There are 5 drivers and 1 employee for submitting insurance claims paperwork.
Owner currently has an office space with rent $1200 but the new owner can relocate the business anywhere or just choose to have a remote office if desired.
The owner has been operating this business over 10 years now and it's looking to retire and move on to other interests. Seller financing available for buyers with strong credit.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.