American HealthCare Capital is pleased to introduce a private duty home care agency for sale in the Central Valley of California. The company has been in business for over 14 years providing non-medical in home care. They were recently licensed by the state as a Home Care Organization, according to the new regulations. They focus on serving several cities in the surrounding area.
The company’s business is 100% private pay. Gross revenues were $1.2 Million in 2015 and are expected to be about the same in 2016 with a 10% adjusted EBITDA margin. The company has 20 clients, of which 4 currently receive 24 hour care, and they are billing an average of 1100 hours per week. The sellers feel that growth could be achieved with a stronger marketing effort.
The staff is expected to stay on and the sellers will accommodate a transitional period as needed. The asking price for this opportunity is $500,000.
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.