Company Overview
American Healthcare Capital is pleased to exclusively offer a well-established private duty home care agency in New Jersey. Founded in 2013, the agency has built a strong reputation for high quality personal care services. They provide non-medical, personal care services to those individuals who need assistance in daily living due to age, health, and cognitive related impairments. Hourly and live-in services are provided using employees of the agency. The practice primarily serves a senior population, with approximately 122 clients.
Financial Overview
Over the past year, the company has experienced significant revenue growth while maintaining profitability. In 2022, the company generated $3,575,387 in gross annual revenue with an adjusted EBITDA of $425,402. In 2023, revenue increased by approximately 3.43%, reaching $3,696,119 with an adjusted EBITDA of $628,389. In 2024, the company saw an additional increase of approximately 3.98%, collecting $3,845,156 in gross annual revenue with an adjusted EBITDA of approximately $892,000. Year-to-date 2025 financials are demonstrating continued growth and profitability with an average monthly revenue of $530,403, putting them on pace to reach $6.4 million by the end of the year. Approximate adjusted EBITDA for the first seven months of 2025 is $623,875, and projected annualized adjusted EBITDA for 2025 is $1,100,000.
The agency currently serves over 122 active clients per month and employs 170 direct care professionals. Billing rates vary by payor: $35.95-$42.95 per hour (private pay), $42.68 per hour (VA), $59.50-84.00 per hour (DD Medicaid). An average of 14,600 hours are billed monthly.
Client acquisition is from a variety of referral sources; Current/former clients, discharge planners, geriatric case managers, elder law attorneys
Staff Overview
The owners seek to transition out, while the operating team members are expected to remain post-sale, ensuring operational continuity. This includes a COO and Director of Nursing.
Asking Price
The asking price for this opportunity is $6.6 million.
