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Freestanding Building + Profitable Medical Transportation Business

Listing was updated at: 06/18/2019
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Property Overview

Price/Rent PSF $ 795,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 1,296
Date Available 06/18/2019
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Description

Location
Centrally located on Fresno's main retail corridor - Blackstone Ave - which is connected to Freeways 99, 180, 41, and 168. Property is just a block away from the CA-180 interchange on/off ramps, connecting to all areas within Fresno/Clovis.

Located just south of Belmont Ave, west of Abby St, and north of Divisidero St. Fresno is the county seat with the city and county population at 527,438 and 989,255, respectively. Located in the San Joaquin Valley, Fresno is the principal city of the surrounding Metropolitan Area, which encompasses all of Fresno County, and Madera. Within the city, CA-99 carries traffic in a north/south orientation. East of the city, CA-41 can be accessed via major roads, or via CA-168. Close proximity to the Fresno Amtrak station as well as a planned California High-Speed Rail stop.

Located off the Downtown entrance which hosts a dense, diverse, thriving neighborhood with farmer’s markets, schools, grocery stores, music festivals, happy hour spots, breweries, bicycle facilities, a monthly ArtHop, food trucks, and world-class murals and public art. This area is considered the fastest growing region in California to proudly serve all of Central California including cities such as Fresno (972,297 metro), Clovis (102,189), Madera (154,998), Visalia (130,753), Tulare (61,170), Hanford (55,840), Lemoore (26,199), Merced (81,743), Sanger (24,270), Selma (23,219), Kingsburg (11,382), and more!

Sale
Retirement sale: Established and profitable medical transportation businesses, vehicles/assets, PLUS the real estate! Turn-Key Fully Operational business DBA “AT Medical Transportation, LLC” including all Business assets, customer data, the Real Estate, all licenses, equipment, machinery, trade fixtures, accounts, and in-process/scheduled routes. The property includes a fully remodeled freestanding building consisting of ±1,296 SF of high quality fully remodeled (2017) interior/exterior on ±0.264 acres offering 21 parking spaces (2 handicap), a rear wash rack, and a billboard sign ($1,076/year). Very economical operation offering OWNED SOLAR, LED lights throughout, new HVAC’s, efficient windows, prestige asphalt, and a well-maintained building.

General Business Operations:
AT Medical Transportation has been an established Family Business since 2011 known as “the go-to” for all non-emergency medical transportation needs. The business provides safe and reliable services for those who require assistance with non-emergency transportation. The main goal is to enable freedom for clients in the community so they can continue living their lives without anxiety and stress. AT Medical Transportation is dedicated to helping passengers reach their appointments safely and quickly by offering an available and reliable means of transportation. With strong name recognition built-in, AT Medical Transportation business has been the constant core for (116) clients including: (43) Medi-Cal dialysis patients, (7) reoccurring Medi-Cal appointment patients, (41) LogistiCare dialysis patients, (20) LogistiCare appointment patients, and (5) reoccurring LogistiCare appointment patients.

The easy-to-use computerized systems allows for streamlined sales and easy management for virtually any job. The business has maintained healthy revenues (2018 sales of $1,150,656) with minimal ownership effort due to highly trained staff. Gross Sales for the previous 3 years were $1,450,769, $1,093,407, and $1,150,656 for 2015, 2016, and 2017, respectively. Current Medi-Cal Pickup rate is $17.65 with a mileage rate of $1.30, and a night call rate of $5.65. LogistiCare Ambulatory rate is $12.37 for 0-3 miles, $15.51 for 4-6 miles, $19.35 for 7-10 miles, and $1.69 after 10 miles. LogistiCare Wheelchair rate is $18.97 for 0-3 miles, $22.91 for 4-6 miles, $27.52 for 7-10 miles, and $1.82 after 10 miles. Continued future revenue growth can be generated by taking advantage of prospecting for larger customer accounts, offering more selections and packages, and employing a more aggressive approach to eliminating expenses.

Location

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