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TWO Non-Emergency Medical Transportation Businesses w/Property

Chattanooga, Hamilton County, Tennessee, United States
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Asking Price$1.80m
Revenue$1.19m
EBITDA-
Cash Flow$400k
Description
Seize an extraordinary opportunity to acquire not one, but TWO recession-resistant businesses in the thriving field of Non-Emergency Medical Transportation (NEMT). These sister businesses were established by the same owner to complement each other seamlessly and are strategically positioned for expansion by capitalizing on the increasing demand for medical services, especially from the aging baby boomer demographic. Specializing in stretcher, wheelchair and ambulatory transportation, these businesses boast a well-maintained fleet of eight vehicles combined. The companies ensure operational efficiency with a dedicated staff of 10 full-time drivers, 7 part time drivers and 2 full time office administrative staff. The administrative staff handles dispatching, payroll, and billing, providing the owner the freedom to focus on strategic management rather than day-to-day operations. Additionally, the inclusion of third-party insurance billing adds a layer of convenience, streamlining the accounts receivable process for potential buyers. With a proven track record of strong management and an impeccable reputation, these sister NEMT businesses have established a consistent cash flow, setting the stage for accelerated growth under the guidance of an entrepreneurial-minded individual. The asking price has been set attractively to facilitate a prompt sale, providing the new owner with an excellent opportunity to take over a successful enterprise. The current owner is motivated to sell and shift their focus towards family matters and other businesses. As an added bonus, the 2500+ sqft building on a main thoroughfare, utilized as the office for both businesses, is also available for purchase in addition to the business. Don't miss out on this lucrative deal. For more detailed information, please contact me via phone or email at your earliest convenience.
Real Estate
Owned
Building Size: 2568 sq. ft.
Furniture Fixtures & Equipment
$275k
Number of EmployeesFull-Time: 12Part-Time: 7
Year Established
2014
Reason Selling
Other business opportunities
Facilities & Assets
Great central location. All assets are in good condition.
Support & Training
Current owner will help train buyer for 60 days.
Market & Competition
Other NEMT businesses within the surrounding market.
Growth Opportunities
Potential for growth with additional fleet, extended hours of operations and expansion of territory.
Asking Price$1.80m