Medical transportation business for sale in Seattle, Washington
We’re the region’s leader in non-emergency specialty transportation. Our main job is helping seniors & the physically challenged get where they need to go—medical appointments, church, events & more. Our drivers do it with outstanding personality, charm & care.
We operate a fleet of wheelchair accessible minivans, allowing a perfect balance of comfort and safety. Our passengers do not need to exit their wheelchair, since a rear-loading ramp allows them to literally roll right into the back of the vehicle. The wheelchair is then secured to the floor of the vehicle, seat belts applied, and off we go to the client's destination!
Type of business: medical transportation, passenger transportation, speciality transportation
Non-emergency medical transportation fills a huge need in one of the fastest growing sectors of our economy, and our company is uniquely positioned to take advantage of this growth. The company already has an outstanding reputation due to its established industry-leading service, and with the recent capital investments (all new fleet, new website & dispatch system) is well-positioned to grow in both size and profitability.
Asking Price
630000
Price includes all of the business' capital assets.
Key financial facts and forecast
In all frankness, for the first 5 years of the company's existence there wasn't enough focus on operational efficiency and our financials suffered as a result. That changed beginning in 2016, and the year-over-year improvement from 2015-16-17 is significant. It is anticipated that will continue in 2018 and beyond, especially with all of the investments in infrastructure that were made in 2017.
Reason for selling
The owner wants to focus more time on his other, primary business. He sees tremendous potential to scale up and realize exceptional returns, but thinks a buyer who can focus more exclusively on this company will be more likely to see this vision through.
Alternatively, in its present state, the company is already consistently profitable and would afford a single owner a comfortable annual income.
Required buyer qualifications
Prefer prior experience in senior care and/or customer service.
Sales Memorandum
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Seattle, Washington, US