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Details - Information last confirmed on January 21, 2021

After 30 years in business our private pay long distance medical transportation company is closing down operations. As a result we are selling off the websites, telephone numbers, and CRM quoting systems. This opportunity may be of interest to current local medical transport companies looking to expand into long distance (300+ mile) transports or an individual interested in starting a new company. As recently as 2019 these assets generated $1,700,000 in revenue with a 30% gross profit margin.

Our company specialized in transportation of seniors, elderly, disabled and handicapped clients. MEDCoach transports met the needs of our clients during long distance transports by possessing numerous amenities for the effective, comfortable and caring travel for patients using highly retrofitted motor coaches that drive non-stop from origin to destination. MC utilized two professional coach drivers accompanied by one nurse to assist patients in ground transport of 300 miles or more. MC’s success as evidenced by its longevity is a function of superior customer service, quality reputation, experienced management, cost competitiveness, and outstanding safety record.

Strong SEO positioned Website: MC utilizes two websites, each being tailored to specific keywords most often requested by family members in need of long distance transportation. As a result of its organic positioning, the Company has significantly reduced its paid Google AdWords and Microsoft Bing campaigns from approximately $10,000 per month in 2017 down to $1,500 per month over the past three years while maintaining similar results.

The websites, business history and literature generate between 120-160 qualified quotes per month. These convert into between 8-20 long distance trips per month. We define a qualified quote as someone who wants to travel long distance and has the ability to pay for a private transport (not Medicaid).
The CRM runs the back end of the business including all the quoting and trip management

Custom CRM quoting software:
MTC developed a highly customized quoting software that facilitates the reservations team to quickly offer accurate price quotes with milestones for follow up. Accepting only private pay, our prices were $1,500 - $3,000 more than other companies but we were able to stay competitive in regards to the service we offered. Our CRM system made it possible to organize transports in a cost effective way and made it possible for us to "connect" trips that were within the same region of the country; sometimes offering discounts to clients who had expressed interest but didn't have a definitive timeline for travel.

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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.