American Healthcare Capital is pleased to introduce an I/DD Residential and Community Based Supports company located in the Dallas/Fort Worth, Texas Area. The company has been in business since 2004 and provides a variety of services including Supported Home Living, Residential Supports, Host Home Companion Care, Therapy, Day Habilitation, Community Supports, Respite, and much more. Their residential business includes 3 leased group homes with a total of 9 beds.
The company’s payer breakdown is 100% Medicaid Waiver. Their total current census is 164 clients spread across their different services. The company has grown rapidly over the last 3 years, going from over $1.8 Million in 2014 to nearly $2.7 Million in 2015, to almost $3.7 Million in 2016 with an adjusted EBITDA of $450,546 (12.20%). In 2017, the company anticipates a similar financial outcome to 2016.
There are approximately 120 employees on staff who are expected to stay on with new ownership. The seller will help during a transitional period but would like to pursue other business endeavors.
The asking price for the opportunity is $2.3 Million. There is no real estate for sale.
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.