Details

Non-Emergency transportation provider (NEMT) to the elderly, disabled and to those requiring transportation services to hospitals, airports or events. The company provides transport in the Seattle Metro and Puget Sound area. The main office is situated in Tacoma, WA. This technology-oriented business specializes in NEMT using wheelchair and gurney equipped vans, minibuses and body-on chassis, lift equipped vehicles. Enjoying rave ratings for quality accessibility to persons restricted to scooters and wheelchairs, the company has a strong reputation. They participate in professional associations, and serve multiple nursing homes, and Long-Term Living Facilities. This year, the seller has had a solid recovery after last year’s pandemic, with projections for 2021 reaching nearly $5,500,000 in Revenues with Seller Discretionary Earnings of $651,148. Four buildings total 10,000 square feet including 5,000 SF of dispatch, administrative and accounting space. Found in excellent condition and commercially zoned for L&I use to handle extra capacity, the maintenance facility provides maintenance to over 70 vans and provides contract maintenance to another 30 vehicles resulting in an additional monthly revenue of $20,000-$30,000. With experienced managers in place and seller willing to remain post-sale for up to 12 months, a smooth transition is assured. The company markets through their own website, LinkedIn, Google, Bing, and Yelp. Promotional efforts also include paid adverts, brochures, and vehicle signage. As a result of marketing on social media, demand has grown from 650 requests a month to over 1,500. Based on long term contract services, Sales in Contract Management delivers over 50% of the company’s grosses, with Medical Groups (15%), Broker Transports (15%), Schools and Shuttle Services (15%) expected to boost considerably with big-branded contracts in place ranging from 3 to 20+ years! No single customer provides more than 12% of the revenue!
Listing includes Equipment valued at $1,425,000 and Inventory range of $10K - $15K.

Learn More

Sign up for a free membership. Get instant access to thousands of listings. Learn about our membership plans.

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.