American HealthCare Capital is pleased to present a provider of rehabilitation services to a five-county area in Southeast Florida. They provide a full complement of rehab specialists, including Physical Therapists, Occupational Therapists and Speech Therapists, to several medical settings including home health agencies, hospitals, skilled nursing facilities, and assisted living facilities. The company has become an industry leader through its commitment to the highest level of rehabilitative therapy care and outstanding customer service.
The company services over 60 Florida Home Health Agencies and treats a combination of Medicare, Managed Care and Workers Comp patients. Gross revenues have steadily increased, going from $2.8 Million in 2015 (partial year) to $3.8 Million in 2016. Revenues for the first six months of 2017 were $2,132,000, putting them on track to reach $4.3 Million in 2017.
This opportunity provides an excellent platform to build on and capitalize on the many growth opportunities that exist in Florida. In addition, having two licenses – a Comprehensive Outpatient Rehabilitation Facility (CORF) and Florida Health Care Services Pool (through AHCA) – provides flexibility.
The owners of the company have decided to focus on growing their Midwestern operations. The office staff and therapists/therapist assistants are available to stay with the new owner.
The asking price for this company is $2.5 Million.
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.