Company Overview
American HealthCare Capital is pleased to introduce a profitable, multi-location Orthotics and Prosthetics company for sale based in Texas and New Mexico. The company was founded by its owner in 2008 to provide customized orthotic and prosthetic patient care. They have an outstanding reputation for individualized patient care.
Financial Overview
The company’s payers consist of Medicare, Medicaid, and they have several important insurance contracts. Revenues were $1.3 million for 2024 and $1.5 million for 2023. Revenues are expected to close out at $1.6 million for this year with an adjusted EBITDA of $580,000.
Significant growth could be achieved with stronger marketing efforts and expanding into nearby local areas.
Staff and Exit Plan
The clinical and administrative staff are expected to stay on under new ownership. The founder would like to work with a new owner to continue taking care of patients and to take advantage of growth opportunities in the market.
Asking Price
The asking price for this opportunity is $2.9 million, which does not include cash, receivables, or working capital.