LISTING ID # 34755

Growth upon Growth upon Growth The State of New Jersey has contracted with this company to transport Medicaid patients to and from medical treatment facilities. Headquartered in Bergen County and serving Bergen and Passaic County, the owner of this business is seeking to retire after twenty years of hard work. Competition in this industry is limited due to the time and cost to obtain licenses, contract with the state and meet the driver, vehicle and state insurance requirements. Because of the limited competition, the businesses that have met these requirements are highly profitable and the licenses have real value beyond their immediate earnings. This particular business averages $320 per trip paid by the state which is 7 to 8 times above the norm and since the industry is served by small, independently owned companies, the roll-up opportunities and the ability to service additional counties offer unlimited potential.

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.