Company Overview
American Healthcare Capital is pleased to exclusively introduce an Addiction Recovery Center for sale located in Southern California. The facility is licensed for 12-beds and offers a wide range of drug and detox programs. The company is licensed by the State of California (DHCS) and is Joint Commission Accredited to provide high-quality substance abuse and detox services to individuals seeking treatment.
Financial Overview
The company generated gross revenue of just over $1.9 Million in 2022 and reached $2.7 million in 2023 with an adjusted EBITDA of $520,661. In 2024, the company will close out at $3 million in revenue with an adjusted EBITDA of $550,000.
The company payer breakdown is 95% insurance and 5% private pay. In 2022, they treated approximately 120 clients, and in 2023 they treated approximately 160 clients. In 2024, they are expected to treat a total of approximately 180 clients.
Staff Overview and Exit Plan
The owner is willing to assist during a transitional period, and the rest of the staff is expected to stay on under new ownership.
Asking Price
The asking price for the opportunity is $3.5 million.
