Unique BLS based operation with long term contracts and very high reputation; company is known as the premier provider in area(s) it serves; owner seeking to sell 100% or will retain 10-30% equity; business carries higher than normal debt load due to having to purchase out an absentee partner recently; this is causing cash flow constraints; there is room for improvement on the logistics and utilization side to improve earnings, as well as in other areas; payroll costs can be improved by 8-10%+; Strong Mgt team in place and will remain; excellent opportunity to capitalize on an established firm with a strong reputation; Very modern fleet; Please no brokers or buy side fee arrangements; principals only; we specialize in this industry and also have other ambulance companies available in numerous states; principals only please
Please refer to listing ID: ASCAMB23M
Industry:
Health and Medical
Industry Segment:
Other Health and Medical
Geography:
United States > Southeast
Gross Revenue:
$2,300,000
Cash Flow:
$340,000
Cash Flow Comments:
can be improved
Value of Inventory:
$500 (Included in Asking Price)
Value of Equipment:
$800,000 (Included in Asking Price)
Seller Financing:
Seller will consider retaining equity
Number of Employees:
45 full time -
Reason For Selling:
Increased debt load; lack of personal capital to fund growth market(s) demanding
Facilities:
Excellent; first class
Market Outlook/Competition:
Strong operator; high reputation; excellent growth market(s). Competitors provide lower level of svc.
