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#Business ID: 20304

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Medical Transport - Hard to Follow Father's Lead

Business Location: Passaic, New Jersey, United States

Asking Price: $ 295,000 Revenue: $ 550,000 Cash Flow: $ 216,484

Business Summary

Excellent and profitable business; daughter cannot handle business as the elderly father did the lease here is unbelievable; 1,350 per month covers all costs taxes, CAM, all utilities, water, and parking for 16 vehicles. Business serves several counties and can be expanded into others. Almost all payments are insurance checks, very verifiable. Any new owner familiar with medical transportation can easily recoup any lost business; slipped recently when daughter had to take over from her aged father. At present, has 7 medical transportation vehicles. All fords of recent years in excellent working condition. This business can be upgraded to medical ambulance transportation for $500.00- more for state license. This type of business will continue to prosper with the increasing age population and the new health insurance guidelines. This lease can never be replaced. For further information, please contact Vito Mastromonaco at 908-851-9040, Ext. 285, or at 973-715-2257

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Additional Details:

The property is owned.
This is not a home based business opportunity.
This is not a franchise resale opportunity.

Property Details

Years Established:

1997

Property Type:

Lease

FF&E:

$ 200,000

Other Business Details

Premise Details:

Lease is the greatest to be found anywhere all costs gas/ electric/ water/ cam/ taxes and parking all included in rent of $1,350 per month. This amount only went up $400 in last 16 years. Vehicles are all late models and in excellent condition parking for 16 vehicles.

Competition:

This field because of new health and insurance coverage is increasing - giving all entries in this field at bright future.

Business Operation Details

Employees:

7

Support & Training:

The owner is willing to train/ assist the new owner.

Miscellaneous Details

Reason For Selling:

Daughter cannot replace elderly father.

Contact this seller

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