American HealthCare Capital is pleased to present a Medicare certified home health agency for sale north of Houston, Texas. The company was Medicare certified in 2009 and provides a full array of home health services. Their service area covers a 7 county region.
The company’s business is 90% Traditional Medicare and 10% Medicare Replacement Plans. Gross revenues were nearly $1.5 Million in 2017 and they are on pace to reach $1.9 Million in 2018. Adjusted EBITDA for 2017 was $205,211 and they are expected to reach $250,000 2018. Their current census averages 120 patients.
The staff is expected to stay under new ownership. One of the owners is the Administrator and is available to stay on during and after the transition. 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.