Looking for a buyer.
With a down payment of $400,000, a buyer will receive over $1.5Million in assets! These assets include a Working Capital valued at $250,000, 25 Vehicles, Medical equipment and the technology necessary for operation. This Ambulatory business has “first call” contracts with the majority of their client base which include Midwest based hospitals, nursing homes, assisted living centers, and the VA. This ambulatory has a large and diverse staff in order to cater to their referring and repeat client base in both the emergency and non-emergency service base. Their established staff includes 1 general manager, 2 division supervisors, 2 billing reps, 9 dispatchers, 13 medics, 31 EMTs, 6 drivers, and 2 mechanics. Their primary services include ambulance transportation (which makes up 80% of their services) as well as wheelchair accessible or specialty transport, event standby, and EMS education services. The current owners are looking to sell as one is looking to retire and the other is interested in developing a non-competing business endeavor and they have offered a transition/ training period of 6 months. They both believe their responsibilities could be absorbed by their general manager as this GM has handled their responsibilities in the past. This business operates out of a 20,000 square feet combined garage and dispatch center. The new business owner would have the opportunity to either lease this facility from the current owner or purchase it outright in a separate transaction. Priced at $2,250,000, this business is primed to return new ownership high levels of financial and operational success. Growth opportunities for this business moving forward would include getting involved with insurance contracts to offer community paramedic services including home visits to decrease individuals with a high rate of repeatedly needing ambulance assistance. With a profit margin of 24% this business is not only a sound investment, but important to their community. This business provides lifesaving services in a way that makes a huge impact in their clients’ lives, and with the purchase of this business, you could take part in making a change.

listing type
exclusive representation
industry
Transportation
location
Council Bluffs, IA, USA
revenue
$2,975,416
ebitda
$748,809
proposed price
$2,250,000
owner financing
$350,000
working capital
$250,000
equipment
$791,000
SBA eligibility
yes
collateral
Accounts Receivable
Cashflow
Equipment
To download teaser or contact poster, please sign in.