American HealthCare Capital is pleased to present an I/DD Support Services company for sale in Maryland. The company has been in business since 2012, providing Employment, Vocational, and Supported Living Services. Services are provided in the client’s home, in the community, and in residential group homes, and they only work with adults. They focus on servicing Central Maryland, but their license allows for expansion if desired.
The company’s payer mix is 96% Medicaid and 4% Private Pay. Gross revenues have grown exponentially since the company’s inception, more than doubling their revenue in their last fiscal year to over $1.1 Million with an adjusted EBITDA of approximately $230,000. Their current average census is 16 clients, which includes 2 clients in a group home, and they bill around 900 hours per week. There are numerous opportunities for growth that a new owner could capitalize on, including the recent expansion of programs and services to support people with I/DD.
The staff is expected to stay on under new ownership, and the seller will assist during a transitional period. The asking price for this opportunity is $900,000.
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.