Company Overview
American Healthcare Capital is excited to serve as the exclusive representative for a long-standing healthcare consulting, staffing, and education firm. Established in 2009 and based in the Midwest, the company is looking for a buyer to carry on its legacy. The firm excels in delivering specialized education, staffing, and consulting services, with a strong focus on the medical staff services sector. Their offerings encompass training programs, staffing solutions, and comprehensive consulting services aimed at improving healthcare administration.
Led by a recognized industry expert, the firm has established itself as a thought leader in its field. The company collaborates with a group of independent contractors, all of whom are expected to remain with the business following the acquisition.
The company serves various healthcare organizations, including hospitals and physician practices, by addressing the growing demand for skilled medical staff professionals. Despite operating in a competitive market, the firm has carved out a unique position due to its specialized focus and independent operation.
Financial Overview
Over the past few years, the company has experienced significant growth, with total revenue increasing substantially from 2021 to 2024. In 2021, the company generated $196,606 in revenue, which almost doubled to $359,395 in 2022. The most notable growth occurred in 2023, where revenue surged to $1,189,689, reflecting the increasing demand for the company’s services and additional offerings. The upward trend is expected to continue in 2024, with projected revenue reaching $1,250,000.
While the company faced challenges in profitability during the earlier years, with a negative adjusted EBITDA of -$41,376 in 2021 and -$21,472.52 in 2022, the situation dramatically improved in 2023. That year, the company reported a positive EBITDA of $267,192, and this trend is expected to continue with a projected EBITDA of $300,000 in 2024. Correspondingly, profit margins have shifted from -21.05% in 2021 and -5.97% in 2022 to a healthy 22.4% in 2023 and an anticipated 24% in 2024.
This financial trajectory highlights the company’s resilience and its potential for continued growth, making it an attractive opportunity for a buyer looking to capitalize on its momentum and strong market position.
Asking Price
The seller, approaching retirement, is looking for a successor to take over the business and continue its growth. The asking price for the business is $1,200,000, with flexibility in deal structure and offers.
