Carolina Ambulance Svc - Solid Growth - Excell Outlook
Location: South Carolina
Industry: Health and Medical > Other Health and Medical
Financials
Gross Revenue: $2,700,000
Gross Revenue Comments: growing
Cash Flow: $250,000
Cash Flow Comments: Can be improved on
Inventory: $500 (Included in Asking Price)
FF&E: $500,000 (Included in Asking Price)
Business Summary
BLS based operation has grown 20-30% per year for last 4 years in a row; owner has done excellent job of capturing add'l market share each year with very little working capital (always has been under-capitalized); owner is seeking to sell to someone who can take it to the next level; company has always purchased used ambulances with low miles; earnings are improving due to several positive changes in the company over the past 12+ months; due to lack of capital, this biz does not utilize logistics softyware or GPS units or other technology; better fleet utilization would improve earnings and lower payroll costs dramatically; company has large opprtunity in front of them that would improve sales & earnings significantly. Please no brokers or buy side fee arrangements; we specialize in this industry; principals only please
About the Business
Employees: 52 full time - 8 part time
About the Sale
Reason For Selling: Lack of capital for growth
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