American HealthCare Capital is pleased to introduce a Medicare certified home health agency located in Southeastern Ventura County, California, They are situated just 30 miles from downtown Los Angeles, allowing them to service both Ventura and Los Angeles Counties. The company was Medicare certified in 1997.
The company’s payer mix is 100% Medicare. Gross revenues were $1.27 Million in 2015, nearly $1.5 Million in 2016, and almost $1.6 Million in 2017, with an adjusted EBITDA of $375K. The company anticipates gross sales of $1.85 Million or better in 2018 with a current census of 75 patients. They have consistently grown without substantial marketing efforts and feel that a new owner could easily continue the trend.
The staff is expected to stay on under new ownership, while the owner has decided to pursue a non-related career path. The asking price for this opportunity is $1.3 Million.
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