Company Overview
American HealthCare Capital is pleased to exclusively introduce an I/DD group home and home health provider for sale in Florida. The company provides residential support to individuals with developmental and/or intellectual disabilities. They also provide 24-hour nursing care with the ability to provide the same level of care as an Intermediate Care Facility. The Group Homes are licensed by Florida’s Agency for Persons with Disabilities. The home health company is licensed and accredited by Florida’s Agency for Health Care Administration (AHCA).
Financial Overview
The company derives 100% of its revenue from Medicaid. Gross revenues have increased every year. The combined companies grossed $2,992,123 in 2022 and grew to $6,319,155 in 2023. They finished 2024 with $8,264,832 in gross revenue with a combined adjusted EBITDA of $1,843,671. The current combined run rate for 2025 is $9.85 million in gross revenue with a projected adjusted EBITDA of $3 million.
Staff Overview
There is a full complement of staff in place including an Executive team that is expected to stay on under new ownership. The owners are willing to assist during an agreed upon transitional period.
Asking Price
The asking price for this opportunity is $14.7 Million, which does not include cash, receivables, working capital, or real estate.