Established Ambulance Business For Sale in Alabama - 29048

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Medical Transportation Businesses
Asking Price:
$7,300,000

Gross Revenue:
$4,300,000
Cash Flow:
$1,800,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$15,000
not included in asking price

FF&E:
$2,209,180
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This is a one-of-a-kind deal that a buyer for an ambulance company would wish for. This southern ambulance company has no competition, and dominates the city with a response time of slightly over 4 minutes, which puts them in the top 3% of the nation (the average response when is 8 minutes). This long-established company receives between 18,500 to 20,000 calls per year, with the majority of calls covered by insurance. This extremely profitable enterprise is directly paid by the exclusively-contracted hospitals, which include three major hospitals and mental hospital, as well as nursing homes and residential/business patients. The business has 19 well-equipped, highly maintained units, and access to almost brand new units at a tremendous discount to consistently replenish the vehicles at a tremendously discounted price. Each unit is equipped with safety sensors and cameras to prevent accidents, minimize lawsuits and maximize insurance premium savings. It is this is this is process and customer service that has maintained its profitability over the years, locking in the city and and neighboring communities. This medical transportation company has an annual revenue $4,300,000, with Owner's Cash Flow of $1,800,000. This company has the perfect relationship with the city's residents and businesses. The company has included in the sale (a little over) 2 million dollars worth of assets, which include: -State-of-the-art equipped vehicles -Computer systems -Software -An extremely large variety of medical equipment -Ambulance equipment and parts And so much more! The three areas of expenses under successful cost control control are maintenance, employees, and insurance. In addition to what has already been mentioned, this ambulance company is including a built-in billing and payroll company, which saves (on average) 7% of billing, when the initial cost has already been absorbed. THE SELLER IS ALSO WILL TO CARRY A PERCENTAGE OF SALE PRICE, WITH AN INTEREST RATE OF 8% FOR A TERM OF 48 MONTHS. The seller will stay with the company and handle a minimum capacity of public relations with a predetermined employment contract, after the initial handing of the baton to the buyer. THE AMBULANCE COMPANY IS ALSO OFFERING THE TWO ACRES - DOWNTOWN PROPERTY WITH THE 12,000 SQUARE FOOT BUILDING THAT HOUSES THE COMPANY FOR ONLY $600,000, IF PURCHASED WITH BUSINESS. BUYER AND SELLER MUST NEGOTIABLE DIRECTLY WITH EACH OTHER REGARDING THE REAL ESTATE. Vested Business Brokers will be handling the sale of the business only, and will not be responsible for the terms and conditions of the real estate purchase. NOTICE TO ALL AMBULANCE AND MEDICAL TRANSPORTATION BUYERS - THIS IS WHAT EVERY COMPANY IS LOOKING TO ACQUIRE. CALL TODAY, BECAUSE THIS COMPANY WILL BE ACQUIRED VERY SOON ONCE THE WORD GETS OUT!

About the Business

Location:
Alabama
Number of Employees:
85ft/30pt
Website:
www.vestedbb.com/lid-29048
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About the Sale

Training/Support:
Yes

Listing Info

ID:
1644395
Ad Detail Views:
0

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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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