American HealthCare Capital is pleased to introduce a supported living agency in Albuquerque, New Mexico. The company is developmental disabilities residential treatment facility that has been in business for over 12 years. They operate group homes and work with Disability Waiver adults, providing Special Needs Services along with other services.
There are 6 group homes with 4 patients per home. In addition, there is a corporate headquarters. They usually run at full capacity and have 45 employees. Their service area is Cibola, Valencia, and Bernalillo counties. They presently operate only in Bernalillo county (Albuquerque.) The company’s payer mix is 95% Medicaid and 5% private pay. Gross revenues were $2.5 million in 2017, with an adjusted EBITDA of $875,000.
The current staff is expected to stay on under new ownership and the seller is available to assist during a trasitional period.
The asking price for this opportunity is $6.5 million which includes 7 locations, valued at over $2.5 million and totaling more than 20,000 square feet.
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.