Basic Life Support Ambulance Case

The investment to starting an ambulance services would need a large bank business loan on my behalf. However, my individual business loan my not even be enough, therefore, finding partnership with stockholders, or another person willing to go into business with me can help me financially. A large bank loan of $200,000 would be need on my behalf and preferably prefer a business partner that would go into business, and preferably a family member. They would also need a second business loan of $200,000.
Which would give use the amount of $400,000. The first year of starting is going to cost a pretty large sum to investing in three Basic Life Support ambulance to begin with. Used BLS trucks range from $14,500- $5,500 dollars. Three BLS units would roughly cost us $16,500 if we stay near $5,500-dollar mark. Getting them recertified and passing inspections would cost would possibly be around $1,000 dollars all three trucks. For buying radios and medical equipment to fully stock each ambulance would be $13,129.59, that includes cox, …show more content…
Their prices each transport would be $25.00 a mile. Their run volume should be eight transports as well. Unit would all be responding to non-emergent call but ALS may take any drop 911 calls passed to us to help with covering our community. In which now having four trucks and meeting daily run volume of eight transports a day by each truck, estimation of 30,736 miles and 2160 transports for the entire year, profit of $561,040 the second year. Third year add another ALS unit making five units active and transporting with volume of eight transports a day. End of the year; 50,000 transportation miles, and 2898 transports estimated by all five trucks and profit of $591,545. The main goal for this business plan is to slowly add trucks and management our debts, and not expanding to fast where it would financially hurt the new