American HealthCare Capital is pleased to introduce a private duty home care agency for sale in the West Los Angeles area. The company has been in business for 16 years, providing non-skilled home care throughout Los Angeles County. Services include ADL’s (Activities of Daily Living), Personal Hygiene Visits, Dressing and Grooming, Help with Meals, Medication Reminders, Appointment Escort Service, 24-hour care, and much more.
The company’s payor mix is 50% private pay, 40% LTC insurance, 5% medical insurance, and 5% workers comp. Gross revenues were approximately $1.325 million in 2016 with an adjusted EBITDA of $214,534 (16.17%). Gross revenues are expected to exceed $1.425 Million in 2017 with an adjusted EBITDA of $285,000 (20%). Their current census is 22 patients.
The sellers are committed to assist during a transitional period as needed, and the rest of the key personnel are available to continue working with a new owner. The asking price for this opportunity is $750,000.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.