Under Contract - Kern County Medical Transport Service
Transportation & Storage Businesses for Sale
- Primary Category: Limo & Passenger Transportation Businesses for Sale
This business was a start-up in 2021 and by June 2023, it has had rapid growth. Current owner has been in business for 3 years under the same LLC, and it's showing stable growth. This is a lucrative business and there is room for more growth by adding vans and drivers.
3 Vans purchased in 2021 with wheelchair and gurney capabilities. 2 large vans, 1 smaller van.
6 FT drivers, 1 Operations Manager, 1 Biller and 1 P/T Owner cover availability for incoming calls and even last-minute needs.
Operations manager and FT Biller. An Internet service is used to keep track of all calls, dates, hours, vendors, description of trips, name, weight, age, and needs of all passengers. The transport business services hospitals, urgent care facilities and doctors' offices within a 50-mile radius and has approximately 30% of the overall business in its surrounding city. There are a few smaller competitors, but this business is second to one of the largest competitors in town and has high ratings on Google.
The owner is a nurse and inherited this business and needs to sell it. There is a non-compete clause 5 years, 50-mile radius and 80 hours of training included in the sale. Business Hours are: 9 am to 9 pm. For more information, call Carol Bennett at (661) 369-1516.
Financial Information
- $495,000 Asking Price
- $236,416 Cash Flow
- $1,098,596 Gross Revenue
- On request Down Payment
- Yes Financing
- On request Adjusted EBITDA
Business Location
- City: Kern County
- State: California
Financing Comments
- SBA approved. Capital of $200K essential due to hospital payments, which are 30-69-90 days according to AR Aging Reports. No Seller financing.
Reason for Sale
- The owner is a nurse and inherited this business and needs to sell it. There is a non-compete clause.
Detailed information
- Year Established: 2021
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: Yes
- SBA Prequalified: Yes
- Full-Time Employees: 9
- Part-Time Employees: N/A
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Inventory Included: No
- Inventory Value: On request
- Monthly Rent: $1,100
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- FF&E Included?: Yes
- FF&E Value: On request
Training/Support
- Seller will negotiate a transition period
Facilities
- Large building with many suites. Location allows van parting and storage
Market Outlook/Competition
- Word of mouth has been the main source of business and even the competition refers some of their calls to this business which is part of why it has grown. There is a real need for more service in this field and marketing the business would also encourage growth.
Business Listed by
Carol Bennett
Sunbelt of BakersfieldContact Business Broker
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