Asking Price
$595,000
Gross Revenue
$749,918
Cash Flow
$178,322
Overview
Business
Description
This well-established and highly profitable business will be the benefit of the baby boomer market and their increasing medical need for the foreseeable future. Built with a solid reputation and providing the next owner with a rewarding business model both financially and in providing a needed and appreciated service to the community at large. The seller loves the business, the employees and clients, but is now looking to retire and find the next owner to continue on.
The business is a medical and non-medical transportation company offering services to wheelchair and ambulatory clients around Grand Rapids, Holland, Muskegon and Kalamazoo. Sales and net profit have seen rapid growth from inception, with the obvious speed bump in the road during covid. Post Pandemic the business is back on track and going strong.
Growth Prospects
•Labor markets are showing signs of improvement which would improve capacity and provide instant growth
•Opening additional hubs in other markets
•Completing GSA approval for expansion into government and school markets. Seller can help with this process
Sale
Reason for Selling
•Looking to retire and spend more time with family that resides in 3 different states
Training/Support
•Seller will provide needed training and assistance to provide a smooth transition in daily operations
•Seller is also willing to work ongoing in a PT capacity for up to 2 years after the sale
Premises
Facilities
•Home based enterprise with great flexibility and low overhead
•Strategically located (leased) garages in NE Grand Rapid and on the south side
Location
Michigan, MI
Contact The Seller
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