Successful No.CA Ambulance Service

CA

Seller Financing Available
Successful No.CA Ambulance Service
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Asking Price: $4,500,000

Cash Flow: $1,107,704

Gross Revenue: $9,196,870

EBITDA: N/A

FF&E: $500,000

Inventory: N/A

Rent: $23,549 per Month

Established: 1995

Successful No.CA Ambulance Service

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Business Description

The company operates in its marketing area with a continuous 24-7 operation. Ambulance service is Inter-Facility, Emergency, and Neonatal.
In addition to its fleet of ambulances, it maintains a full-service maintenance center at its primary facility.
Services include Basic Life Support-EMT’s; Advanced Life Support-Paramedics; Critical Care Transport- RN’s; and Neonatal and Standby Coverage.
Client base includes government hospital systems, private hospitals, children’s hospitals, and skilled nursing and rehabilitation facilities.
Sale includes 26+ ambulance vehicles, extensive office furnishings, up to date medical equipment, state of the art telecommunication equipment, tools for vehicle maintenance, and inventory of supplies.
Sale also includes considerable Working Capital in form of A/R- 4 mil+ discounted to 1.2 million of purchase price.
Current leases are either long term or open to extensions pending viability of buyer.
Owner is selling to concentrate full time on another business. He is open to staying on short term-up to a year plus or minus-if needed. Preference is to transition out of business in a matter of months.
Price: 4.5 million, all cash at close.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or email Richard Waxman at rwaxman@mabusinessadvisors.com or call 415-515-3487 to receive a confidentiality agreement and to learn more about this opportunity.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
17,000
Lease Expiration:
N/A
Employees:
103
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Two locations 11,700 sf in Location 1 and 5000 sf in Location 2 Location 1 Rent: $19,071 Location 2 Rent: $4478.80
Competition:
Several competitors…Health Care market remains strong, particularly with aging boomer population.
Growth & Expansion:
New contract opportunities coming on line soon….additional contracts with skilled nursing facilities…
Financing:
Seller will consider seller finance for a qualified buyer with good credit.
Support & Training:
Seller will provide training at no cost to buyer
Reason for Selling:
Concentrate on another business he owns.
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Richard Waxman

Business Listed By:
Richard Waxman

M&A Business Advisors


Sponsoring Broker:
Matt Coletta, CBB, CBI, M&AMI

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Ad#:1841118

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