Company Overview
American HealthCare Capital is pleased to introduce an I/DD Home and Community Based Services agency for sale in Colorado. This well-established company is recognized for the quality of support it provide to their clients. They are licensed to serve adults who are Intellectually and Developmentally Disabled through the Community-Based Medicaid Waiver program. Services include Individual Residential Services, Day Habilitation, Supported Employment, Supported Living, and Individual Residential Care. They also provide Family Caregiver Services and Behavioral Counseling and Support Services.
Financial Overview
All revenues are derived from the Medicaid Waiver program. The company has consistently achieved gross revenues in the $2.6 million range. In 2020, they saw a slight decline to $2.5 million due to Covid, but they anticipate being back to normal levels by the end of 2021. They expect further growth in 2022 with a high demand for services and recent growth in their Residential Services program. The company has an excellent working relationship with the numerous local agencies from which they receive referrals.
Staff Overview
The owners plan to retire, but the rest of the staff is expected to stay on under new ownership.
Asking Price
The asking price for this opportunity is $1.25 million, which includes the business opportunity only. The sellers own some of the affiliated real estate and are open to selling it at fair market value.
