Company Overview
American HealthCare Capital is pleased to exclusively present a private duty home care agency for sale in Northern California. The company is strategically located in an affluent area and is focused solely on non-medical home care services, including companionship, meal planning and prep, errands, housekeeping, and more. They are licensed as a Home Care Organization and approved as a VA provider.
Financial Overview
The company’s payer mix is 80% private pay, 20% Long Term Care Insurance, and 10% VA. Their current census is 34 patients, and they bill an average of 4,000 hours per month. Gross revenue has consistently been in the $2 million range. In 2024, they are presently on track to gross more than $2.1 million with an adjusted EBITDA of $360,374.
Staff Overview
The existing staff are expected to stay on with the company post – acquisition. The sellers are mostly absentee owners but will assist during a transitional period as needed.
Asking Price
The asking price for this home care agency opportunity is $1.5 million.