Jun 26, 2019 — TXEMS1A - $3 Million EMS Medical Transport Company Located in Texas
Emergency Transport Company for sale located in Texas. This well-established company has 37 contracts, 2 to 3 years in length each, with companies such as nursing homes and hospitals. Their steadily increasing revenue is derived 87% from Ambulance Transport, 11% from Wheelchair Van Service, and 3% from Special Events. They own 11 Ambulances, 7 Wheel Chair Vans and an EMS Golf Cart.
The company has enjoyed steady growth over the last four years, going from $$1,177,156 in Gross Revenue in 2016 to $1,656,000 in 2017, to $2,300,000 in 2018 with an adjusted EBITDA of $372,000. Their payer mix is 80% Medicare, 10% Medicaid, and 10% Private Pay. The seller feels further growth can be achieved by expanding their number of contracts throughout the entire region.
The staff is expected to remain, and the seller will accommodate a transitional period as needed to ensure the continued success of this business.
The asking price for this business is $1.8 Million.
There is real estate which is available for sale at market value, or the owner is open to executing a long term lease with the buyer