If you’re considering purchasing an ambulance business, you need to put a lot of thought into your new purchase. Realize that you are not just purchasing a business, but also a whole lifestyle. Before you start negotiations, be sure that the ambulance business lifestyle, which is often demanding and stressful, although very rewarding, will be one you can tolerate. Also remember that some lenders do not provide financing to investors looking to purchase an existing business.
Therefore, you may need to consider discussing possible financing options with your seller. A typical down payment is around 20-30%, but your seller may be willing to accept a lower amount. If the seller is willing to accept a low down payment, it usually means they are confident that your new business will quickly generate the rest of the money.