Company Overview
American HealthCare Capital is pleased to exclusively offer an Outpatient Pediatric Therapy clinic for sale in central Florida. The company provides occupational, speech and physical therapy services. They see an average of 35 new patients per month.
Financial Overview
The company’s payer mix is 65% Medicaid, 30% Commercial Insurance, and 5% Private pay. Gross revenue grew 27% from 2021 to 2022, and another 17% from 2022 to 2023. Gross revenue in 2021 was $850,000 with adjusted EBITDA of $145,000. In 2022, they grossed $1 million with adjusted EBITDA of $190,000. Revenue for 2023 is expected to be $1.3 million with a $220,000 adjusted EBITDA.
Staff Overview
The staff consists of 16 full-time employees who are expected to stay on. The seller will assist during a transitional period but would ultimately like to move on.
Asking Price
The asking price for this opportunity is $1 million.