Non-Emergency Medical Transport (NEMT) Business for Sale - Incredible Growth

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Financial Details

Asking Price:
$2,500,000
Annual Revenue:
$3,173,382
Cash Flow / SDE:
$812,895
Profit Metric:
Total Adjusted Net Income
Valuation Multiple:
3.1x
Location:
TN, US
Sources:
Date:
September 25, 2025

Key Highlights

Established 24-year-old family-owned business in a growth industry.
Significant revenue growth: almost 50% from '21-'22 and 100% from '22-'24.
Strong cash flow and diversified customer base.

Description

This is a well-established, family-owned Non-Emergency Medical Transport (NEMT) business operating for 24 years in Central Tennessee, serving the area between Knoxville and Nashville. The company has demonstrated exceptional growth, with sales increasing by nearly 50% from 2021 to 2022 and doubling from 2022 to 2024. It boasts strong cash flows, a diversified customer base with repeat business, and operates within a growth industry projected to grow at a 9% CAGR through 2028. The business is listed for sale with a gross revenue of $3,173,382 and an adjusted net income of $812,895, with an asking price of $2,500,000. The sale includes equipment and fixtures valued at $285,600. The business operates from a 1200 sq ft leased space with a monthly rent of $2,000. It employs a total of 50 staff (5 full-time, 45 part-time). The owner is selling due to 'Other Interests'.

Industry Information

Industry Description:
Non-emergency Medical Transport (NEMT)
Classification:
Transportation & Storage

Operational Snapshot

Year Established:
2004
Employees:
50
Reason for Selling:
Other Interests

Real Estate & Lease

Status:
Leased
Monthly Rent:
$2,000 USD

Assets & Inventory

FF&E Value:
$285,600 USD
Includes FF&E:
Yes

Broker Contact

Name:
Ciro 'Vic' Coppola
Company:
First Choice Business Brokers
Phone:
(702) 368-2500

Listing Details

Listing ID:
ae792052-4379-4571-9e8f-ca4862eae996
Source Listing ID:
23434
Deal Status:
Sold
Last Updated:
September 25, 2025
Currency:
USD

Features & Tags

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