Business Summary

Financials
Gross Sales: $140,000/ mo
Net Profit: $10,000/ mo
Annual Net Profit: $120,000

Property Info
Rent: $800/ mo.
Expires: 2014
Option(s): Terms Gross

Medical Non-Emergency Transportation, San Francisco Bay Area, CA - Absentee Owner This company has been operated for over 8 years and by absentee owner for over 5 years. It has stable growth history over the past 3 years. It is a well-oiled machine that consistently making good money. All day-to-day operation is handled by experienced long-time employees. The company owns fleet of 18 vehicles equipped with wheelchair lifts, with majority of vehicles owned free and clear and they all included in the purchase price. All vehicles are certified and company has all necessary permits. The company has provider numbers with medical, and it accepts both government aid and private insurances. Most of the company revenue comes from dialysis patients, who have to use services on regular basis and represent stable recurring income. The rest are doctors visits. Number of patients is constantly growing, so is demand for medical transportation. It's very simple and straight-forward operation that one can learn very quickly. This business has management and key employees in place that will stay. The owner currently lives out of state and isn't involved in operation. Business profit can be immediately improved by involved owner-operator. New owner will be offered comprehensive training and assisted with transferring the necessary paperwork. The owner is selling because he lives too far and can't visit the business regularly.

Organization:
The business is organized as a S-Corporation. It was established 8 years ago and the current owner has been in place for 8 yrs. It employs 20 full time employees and part time employees. Licenses required for operation: Medical, Logistic Care.

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