Company Overview
American HealthCare Capital is pleased to exclusively introduce an ABA Therapy Services agency for sale in Southern Florida. The company provides services to pediatric patients, specializing in the use of early behavioral therapy for children with autism and related developmental disorders. Services are provided in the home, in school, in the community, and in the office.
The company’s current payer mix is 98% Medicaid and 2% private insurance. However, they have contracts with a wide range of insurance companies, as well as all the plans under Medicaid. They currently see an average of 62 clients per day with an average of 7,730 monthly hours, and they have a waiting list.
Financial Overview
Gross revenue was nearly $2.7 million in 2023 with an adjusted EBITDA over $360,000. In 2024, they are projected to reach $5 million in gross revenue with an adjusted EBITDA of around $1 million. There is ample opportunity for continued growth with the company’s stellar reputation.
Staff Overview
The current staff, which includes 3 BCBAs, 5 BCaBAs, and approximately 60 RBTs, is expected to stay on post-closing. The seller would like to focus on other projects but will assist post-sale to ensure a smooth transition.
Asking Price
The asking price for this opportunity is $4.5 million.