American HealthCare Capital is pleased to introduce an established Home Health Care agency for sale in Southern California. This Joint Commission accredited agency was Medicare certified in 2011 and provides one-on-one skilled care and non-skilled care services. Their service area spans the greater Los Angeles area.
The company’s payer mix is 40% Medicare, 40% Private Insurance and 20% Private Pay. Annual gross revenues were $2,434,831.47 in 2018 and grew to $4,857,243.29 in 2019. They are currently on pace to exceed $6 Million in gross revenues by end of year 2020, with an adjusted EBITDA margin of 15%. Their current census is 200 patients with 50-60 new admissions per month. The seller feels that continued growth could be achieved by implementing more vigorous marketing efforts and obtaining additional contracts.
All employees are expected to stay on under new ownership. The seller is looking to focus on other business endeavors but will be available to assist during a short transitional period.
The asking price for this opportunity is $5 Million.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.