American HealthCare Capital is pleased to introduce a successful, non-medical private duty home care agency for sale located in the Dallas, Texas Metroplex area. Established over 25 years ago, the company is approved to serve patients in 5 counties. The agency’s core services include Personal Care (activities of daily living), Homemaking, and Companionship. Other services of this non-medical home care in Dallas, TX include Aging Life Care Management.
The company’s payer mix is 59% Private Pay and 41% Long-Term Care Insurance (though most LTC patients pay the company directly). The current census is 33 patients, with 4 patients receiving 24/7 care. This business for sale in Dallas bills approximately 5,633 hours per month for PAS and 75 hours per month for Aging Life Care Management. The company grew from $1,266,696 in gross revenues in 2019 to $1,344,078 in 2020. In 2021, gross revenues increased to $1,675,353, with an adjusted EBITDA of $327,614 (19.55%). Through May 2022, the non-medical home care agency continued to experience substantial growth with $814,212 in gross revenues and adjusted EBITDA of $232,208 (28.52%), putting them on track to reach $2,000,000 by year-end.
The staff is expected to stay on under new ownership. The owner intends to pursue other endeavors but will assist with a transition, and an existing employee is in line to replace the owner.
The asking price for this non-medical home care in Dallas, TX is $2 million.
