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Transportation Company

  • Status: Sold
  • Price: $620,000

Lida Sadati

License No:
DRE #01825510
Email:
lida@lbaweb.com
Office:
(925) 932-2450
Mobile:
(925) 932-2450
  • Listing No: 4401
  • Status: Sold
  • Area: Stanislaus County
  • Price: $620,000

Description

Owner Absentee Cash Cow. 25% SBA Approved

Seller Claims the following:  Family owned non-Ambulatory transportation servicing the Disabled, Mentally ill and Senior citizens population in the central Valley area. There is no special licensing you need to own this business. The Seller has done all the work for you.
This is a very well organized and highly profitable absentee business.The 9 drivers are all part time employees and are trained in CPR, First Aid and Customer Service and drug tested. with no match retirement plan, the appointments are set and coordinated by the 2 office staff at least 24 hours in advance. This company averages one thousand calls per month from Multiple hospitals and patience to drive the patience to and from appointments. The accounts receivable from the multiple insurance companies which also includes Medical insurance are handled through international outsourcing. The Seven vans utilized are parked at the gated office for very low rent of $1000.00 per month and there are few years left on the lease. Hours of operation are from 5:30 a.m. to 530-6:00 p.m.
The seven Vans are maintained regularly for peak performance.
First quarter of 2024 numbers thus far
 Gross profit -$220,000.00
Employee Wages- $64,000.00
Net income for the first Quarter is $84,000.00
7 special vans to help transport the patience.
Per Sellers request all Financials can only be seen by appointment in my office in Walnut Creek. He does not wish to have his finances be emailed to anyone.

Business Information

Ownership Type: N/A
Year Established:
Year Purchased:
Business Type: Transportation
License(s) Required:
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4401
Date Available: 05/20/2024
Reason For Sale: Downsizing Portfolio

Financial Information

Annual Total:
220,000
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
Lease Expires:
Lease Option:
NNN:

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

Contact Us

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