Listing ID: 69969

Business Overview

Established and owner-operated NEMT company serving Middlesex County, NJ and surrounding areas. The business provides wheelchair and stretcher transportation services, primarily servicing medical facilities and institutional clients.

The company operates with:

7 total vehicles (5 active on the road, 2 reserved/backup units)

4 independent contractor drivers (1099)

Owner actively involved in oversight and operations

Two small leased facilities:

Dispatch office

Separate vehicle parking location

Total combined Monthly rent: $1,100

The business maintains strong referral relationships.

Revenue Mix:

70% Medicare

30% Private facilities

Financial Overview

3-Year Average (2023–2025):

Average Gross Revenue: ~$495,000 annually

Average Cash Flow (SDE): ~$240,000 annually

Operating Structure:

Drivers are 1099 independent contractors

Fleet consists of vehicles ranging from model years 2010–2014

Facilities Lease structured year-to-year

This reflects strong margins for an owner-operator model with relatively low overhead.

 

Asking Price $700,000

Valuation reflects:

Strong 3-year revenue history

Solid cash flow performance

Established fleet and operational infrastructure

Healthcare system relationships

Immediate turnkey operations

Business Highlights

Established NEMT operation in high-demand NJ market

Medicare & Private-driven revenue

Servicing major healthcare system

7-vehicle fleet with backup capacity

Low monthly rent ($1,100 total)

1099 driver model (flexible labor structure)

Wheelchair + stretcher capability

Strong cash flow relative to revenue

High barrier-to-entry industry in NJ

Growth Potential

This business presents meaningful upside for a buyer who can:

Improve dispatch efficiency and routing optimization

Add additional Medicaid broker contracts

Secure dialysis center and private facility agreements

Increase vehicle utilization (2 parked units ready to deploy)

Expand into neighboring counties

Add weekend / extended hour services

Implement technology upgrades for scheduling & billing

With stronger management and strategic contract expansion, revenue can scale significantly without heavy infrastructure expansion.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $700,000
  • Cash Flow: $240,000
  • Gross Revenue: $495,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.