Non-Emergency Med Trans LA,Ventura

Non-emergency Medical Transportation operating in LA and Ventura Counties

6 vehicle fleet: #4 - 2024, #2 - 2019 with an estimated value of $430,000. Clients consist of Ventura Transit, Transportation Brokers, Insurance Companies , Skilled Nursing Facilities , Hospitals, and direct to clients.

From the Seller - "We provide courteous, on-time, and dignified transportation services. Customer care is a high priority for us. The brokers we contract with use us because of our service and ability to communicate accurately and timely to them. This is why our rating with our brokers has increased to an “A” rating after we acquired the company."

Company Highlights;

Licensed & Medi-Cal Certified:
LADOT Approvals.
Contracted with Major Providers - Call The Car and ButterFli, Ventura Transit
Preferred Vendor Relationship for 2 hospitals, 5 skilled nursing facilities, and 2 hospice organizations
Strong Operational Infrastructure
Purchase Opportunity; The seller is moving out of state next year and would like to start an exit plan. He is looking to negotiate a purchase transfer including a possible earn-out, that is based on expected revenues as the company continues to grow due to the recent expansion.

Note: the Annual Revenue and Net Income is a projection based on the recent expansion. An agreement may include a performance based earnout or seller note, but will require substantial cash at close. No SBA financing or Lowball offers will be accepted. Proof of Funds will be required with all LOIs.