Non-Emergency Medical Transportation

File# C2595
Location: Macomb County
Business Price: $650,000
Down Payment: CASH
Monthly Payment:N/A
Interest Rate: N/A
Amortization Period:N/A
Gross Sales: $1,063,241
Source: 2019 Tax Return
Cash Flow: $179,381
Source: 2019 Tax Return
Inventory: N/A
Days Open: 6
Business Hours: 5 AM - 8 PM
Seats: N/A
Parking: N/A
Licences Required:Chauffeur License & NEMT State
Year Established:2007
Year Acquired:

Profile:

This is a long-established and highly profitable non-emergency medical transportation business primarily serving the tri-county area in SE Michigan. NEMT is a booming industry with a promising future because of the baby boomer generation’s aging population. This company primarily services nursing home residents, dialysis patients, patients with post-surgical difficulties, patients with wheelchair restrictions, and physical therapy patients. The business is fully insured with a fleet of 15 well-maintained vehicles. All the drivers are licensed, certified and have to go through criminal and drug checks before being hired. The administrative staff consists of 1 full-time employee, 1 part-time employee, plus the owner. The owner does not do any marketing. Most of the business is currently generated through word-of-mouth because of the exceptional and professional service provided by the company and its employees. The company experienced a down-turn in its revenues in 2020 because of COVID-19 but the company is back on track to generate over $1MM+ in revenues in 2021. The current owner is selling because of retirement. There is enormous room for growth for a new owner-operator.

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This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.