Ohio Non-Emergency Medical Transportation ("NEMT") Business
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Great Opportunity
This business began almost 100 years ago as a traditional taxi service and then
around 20 years ago pivoted to its area’s dominant NEMT provider, completing nearly
640,000 trips annually, the vast majority serving vulnerable populations who depend on
reliable transportation to access life sustaining medical care, addiction treatment, dialysis,
and other essential healthcare services. This business has captured major government
transportation contracts in its area – over 90% of its annual revenues are derived from third party
pay, government-subsidized contracts per long standing relationships. This business
also provides sedan, luxury vehicles, and buses for professionals and group/corporate events.
around 20 years ago pivoted to its area’s dominant NEMT provider, completing nearly
640,000 trips annually, the vast majority serving vulnerable populations who depend on
reliable transportation to access life sustaining medical care, addiction treatment, dialysis,
and other essential healthcare services. This business has captured major government
transportation contracts in its area – over 90% of its annual revenues are derived from third party
pay, government-subsidized contracts per long standing relationships. This business
also provides sedan, luxury vehicles, and buses for professionals and group/corporate events.
About the Business
- Years in Operation
- 96
- Employees
- 60 (10 Full-time, 50 Part-time)
- Facilities & Assets
- The real estate is owned by the owners of the business. It has office space, training room, dispatch area, kitchenette + vehicle repair facility. There is also a secure fleet parking lot for the fleet of NEMT vehicles of all types necessary.
- Market Outlook / Competition
- This business dominates its market making it extremely difficult for it to ever to be supplanted by a competitor.
- Opportunities for Growth
- There are growth opportunities for expanding its services within its current market + for expanding into other nearby markets.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 10,300
- Rent
- $11,750.00 per month
- Lease Expiration
- 12/31/2028
About the Sale
- Seller Motivation
- Owners desire to retire.
- Transition Support
- The owners have created a turn key management and service (drivers/dispatch/trainers/office support and mechanics) team. The owners will also provide transition and training - especially in regard to long standing client relationships
- Financing Options
- Will consider seller financing to a small degree.
Listing Info
- ID
- 2485869
- Listing Views
Listing ID: 2485869 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleOhio Businesses for SaleOhio Transportation Businesses for SaleOhio Taxi & Limousine Businesses for Sale
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