American Healthcare Capital is pleased to introduce a $15.7 Million, Multi-State Medical Staffing Agency for sale in Michigan. The company has been in business for 10 years and offers services throughout Michigan, California, Texas, and Illinois. They currently service over 150 Home Health agencies. Disciplines include Rehabilitative, Nursing, a variety of therapies, and much more.
In 2016, the company generated $14.4 Million in gross revenue and grew to $15.7 Million in 2017 with an adjusted EBITDA of over $2.3 Million (14.77%). They are projecting a 10% increase in revenue in 2018. The company attributes their growth to continued demand for their services combined with a tight labor market.
The owners are willing to remain on and roll a portion of the purchase price back in as minority shareholders, ensuring a seamless transition.
The asking price for this opportunity is $10 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.