How do I find a non-emergency medical transport company for sale?
Search business-for-sale listings and broker sites under several wordings, such as wheelchair van or patient transfer, then reach owners through the care homes and clinics they drive for. Many owners never list, so screen each lead on contracts, vehicles and drivers before you ask for financial statements.
Companies that move patients to dialysis, appointments and home from hospital are small, local and often run by one owner for many years. They are listed under different names, and the best ones may not be listed at all. A buyer who searches in only one place will miss most of them, so plan on working several routes at once and keeping notes on each lead.
Search the listings under several names
Try wheelchair transportation, handicap transportation, medical transportation, patient transfer and non-emergency transport on listing sites and broker pages. Descriptions are often vague about the town and the customers, so save your searches and set alerts. A broker who handles transportation or health-related businesses may know of an owner thinking about a sale before anything is posted.
Reach owners through the people they work with
Long-term care homes, dialysis units, rehabilitation centres and discharge planners all know which transport companies are reliable. Ask them politely who is local, without asking for anything confidential. Your accountant, a vehicle dealer that converts wheelchair vans and trade associations may also hear when an owner is near retirement. A short, respectful letter that promises confidentiality is often how that conversation starts.
Screen before you ask for the books
- Does most of the work come from a few contracts, or from many private riders?
- Are the vehicles adapted for wheelchairs or stretchers, and who owns them?
- Do the drivers hold the training the work requires, and will they stay?
- Is the company a ride service, or does it do more clinical work?
Know what you are looking at
Our page on what a non-emergency transport company actually does explains the model, and the buying guide covers the steps after you find a good lead. The supply-store search page shows a similar approach for a different health-related business.
Related reading
15 pages on the same subject, grouped by topic.
Buying
- GuideBuying a medical transport company in Canada
- Expert answerHow do I find a medical supply store for sale near me?
- Expert answerHow do I find a limo business for sale near me?
- Expert answerHow do I find a bus or coach company for sale?
- Expert answerIs buying a non-medical home care agency different from buying a home health agency?
- Expert answerHow do I find a stairlift or accessibility lift business for sale?
- Expert answerWhat should I check before buying a stairlift and home lift dealer?
Due diligence
Selling
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 02Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 03Business Development Bank of CanadaGovernmentWorking with a broker to find a business to buy
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