American HealthCare Capital is pleased to introduce a Private Duty Home Care agency for sale in Atlanta Georgia area. The company has been operating since 2004. They service a 60 mile radius from the office, which includes the following counties: Barrow, Butts, Clarke, DeKalb, Greene, Gwinnett, Henry, Jasper, Morgan, Newton, Oconee, Putnam, Rockdale, and Walton Counties.
The company’s payer mix is 80% Private Pay, 15% Medicaid, and 5% Long Term Care Insurance. Gross revenues were $802,758 in 2016 with an adjusted EBITDA of $128,500. Gross revenues are on pace to exceed $885,000 with an adjusted EBITDA margin of 16%. The current average census is 48 patients, which includes 6 Live-Ins and 5 new admissions per month. Growth could be achieved by building on their current base of referrals that come from word of mouth, caregivers, local providers, long term care facilities, hospitals and networking efforts.
There is a full complement of staff that is expected to stay on under new ownership. The sellers are looking to retire, but would be willing to help during a short transitional period.
The asking price for this opportunity is $450,000.
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.