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EXECUTIVE SUMMARY
PBG Reference No.: S567

AMBULANCE SERVICE

We are pleased to present this business opportunity for your review. Premier Business Group, Ltd. is one of the leading business brokerage firms in the Midwest. We specialize in representing manufacturing, distribution and service companies in the divestiture process. The Seller pays our fees; there is no monetary obligation to prospective purchasers. Premiers' expertise includes assisting in structuring the transaction and financing. We encourage you to make an appointment with the broker listed on this offering to discuss your needs, to obtain further information regarding the company you are inquiring about, and to receive information on other companies that may be of interest.

This ambulance service is located in southern Illinois. While it is operated as a private company, it functions as the only ambulance service in the area. They respond to all 911 calls requiring their services, providing prompt, professional, and safe transport to the appropriate facility. In most cases they are able to accommodate the patient's choice of hospital.

In addition to responding to emergencies, the ambulance service provides non-emergency transport of patients from one hospital to another location within a 150-mile area. They have recently acquired a wheel chair accessible van in order to expand their services to include transportation of the elderly and disabled. This company is also equipped to handle calls that involve a hazardous material emergency. A fully equipped van that is housed at the station is reserved just for this type of emergency.

The company has placed over 51 AED's (automated external defibrillator) in the county. The company works closely with the Community Fire Protection District First Responders to provide citizens of the County in rural areas with a minimum of basic life support prior to the arrival of the Advanced Life Support Ambulance. These "First Responders" are generally volunteer firefighters who donate their time and resources with little or no compensation. The owner plans to place and additional 50 AED's over the next few years though out the community.

While the majority of the revenue is generated by the 911 response calls, they also provide safety training on site for companies, as well as holding classes in CPR. They also are expanding their efforts in education and prevention, by holding mock drills for Prom nights, hazardous spill drills etc. Because the company works directly with the county and hospitals, they are guaranteed an annual income. They also have worked out an agreement that no other ambulance service may operate in this portion of the county. This scenario allows a new owner to continue to provide excellent service while increasing the opportunities to expand in other areas.

FINANCIAL HIGHLIGHTS

  2006 2005 2004
SALES $1,075,919 $1,299,574 $   964,491
EBITDAS*
(Adjusted Net)
$   301,404 $   403,409 $   155,125

* Earnings before Interest, Taxes, Depreciation, Amortization, and Owners Salary.

DEAL STRUCTURE

This company is being presented for sale on an "Open to Offer" basis. All reasonable proposals will be considered. Also included in the sale are all furniture, fixtures and equipment used to conduct business, free and clear of all liens. An equipment list is available with the full profile on this offering.

Assets included: Vehicles $ 480,000
Furniture, Fixtures, Equipment $89,000

The sale of the property is optional.

INFORMATION SUMMARY

  • Location: Illinois
  • Established: 1990
  • Ownership: S Corp
  • Facilities: Freestanding 1800 sq ft building, 3600 sq ft. attached garage, Radio tower and generator
  • Employees: 9FT, 2PT non-union employees
  • Reason for Sale: Owner has another business requiring his time
  • Training : Flexible. As needed for a smooth transition

MARKETING AGENT

Premier Business Group, Ltd.
1130 Lake Cook Road, Suite 210,
Buffalo Grove, IL 60089
847/465-9000

This information is provided for discussion purposes only. No representation is made by Broker as to the accuracy of the information provided or any other information supplied. Broker encourages the Prospect to thoroughly review and independently verify to his own satisfaction that the information provided is substantially representative of the business activity.

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