Company Overview
American HealthCare Capital is pleased to introduce a non-emergency medical transportation company for sale in Missouri. The company has been in business for over a decade providing secure transportation services to communities in several major metropolitan areas in Missouri. Services include Medical, School & Daycare, and Community transportation. The company is currently contracted with 35 clients and averages 450 trips per day. Their fleet consists of 42 vehicles, all of which are included in the sale.
Financial Overview
The company’s primary payer is cash/private pay directly from the facilities they work with. They also have a small amount of Medicaid business that is paid via a broker. Gross revenues have shown consistent growth over the past few years, going from $1.4 million in 2020, to over $1.9 million in 2021, to more than $2.5 million in 2022. They ended 2023 with $2.7 million in gross revenue, and they are currently on pace to exceed $3.2 million by the end of 2024 with an adjusted EBITDA of around $475,000.
Staff Overview
The seller would like to pursue other ventures, but the rest of the staff is expected to stay on under new ownership.
Asking Price
The asking price for this opportunity is $2.25 million.
