Non-Emergency Medical Transportation
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Price: $270,000.00
This non-emergency medical transportation company is looking for new ownership. Their reputation is for providing safe, reliable rides for ambulatory and wheelchair bound clients. Staff takes the time to meet clients’ needs before they are even in the vehicle. Providing door-to-door service, they supply transportation for a variety of needs including:
- Medical Appointments
- Hospital/Surgery Discharge
- Facility Transfers
- Workmen’s Comp Appointments
The company’s excellent reputation means they are in high demand. They often turn down 15-20 runs a week. Additionally, potential new drivers seek them out for a job. However, they have a staff of long-time reliable drivers. They also have strong client retention, too.
The company’s main clients are medical facilities, older adults (age 65+), and people with physical limitations. Currently, there are 10-12 contracts with large facilities in the area. New clients usually come from referrals. Of the company’s three types of pay sources, facilities make up 75%, private pay (individuals) makes up 15%, and broker pay makes up 10%.
Demand for non-emergency medical transportation is increasing. In 2022, older adults were 16% of the state’s population. In fact, the older adult group is growing five times faster than the younger population. According to 2-1-1, adults 60+ made 357 calls from September 2020 to September 2023 for non-emergency medical transportation. They made 145 calls for disability related transport and 467 calls for senior ride programs. This is just a small sample of the demand for this company’s services. It’s only increasing.
This is a great add-on to an existing company looking to grow their service offerings. It’s also great for a compassionate, hands-on owner/operator who loves helping those in need. Contact us today to learn more!
Investment Considerations:
- Excellent Reputation
- Clients & Contracts in Place
- Experienced Staff of Drivers
- Fleet of 9 Wheelchair Accessible Vehicles
- Great Location Near Some of the State’s Largest Healthcare Systems
- Growing Demand for Services
- Aging State Population
- More Work Than They Can Take On
- Room for Growth
Growth & Expansion Opportunities:
A new owner can grow the business by doing the following:
- Acquiring More Vans
- Hiring More Drivers
- Pursue Additional Contracts
- Update The Website
- Expand to Other Indiana Metro Areas
Revenue | Cash Flow | |
2023 | $561,183 | $124,334 |
2022 | $543,388 | $114,745 |
2021 | $458,765 | $129,370 |
*For more information regarding the Non-Emergency Medical Transportation Company for Sale click the link below. IBA requires a Non-Disclosure Agreement be signed before disclosing business details.**
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- Reason For Sale : Retirement
- Year Established : 1996
- Location : Indianapolis Metro Area
- Cash Flow : $124.334
- Revenue : $561,183
- Listing # : N2154