Company Overview
American HealthCare Capital is offering a successful Los Angeles-based urgent care practice for acquisition. Established in 2015, the practice operates multiple clinic locations and is affiliated with most payers and IPAs.
Financial Overview
In line with other urgent care centers, the practice experienced a surge in patient visits, leading to increased revenue and EBITDA during the COVID pandemic. However, earnings from COVID testing and vaccination services have declined since the COVID Public Health Emergency officially ended on May 11, 2023.
EBITDA rose from $589k in 2019 to $10 million in 2022. This year, they\’re projecting over $2 million in non-COVID EBITDA.
Asking Price
This urgent care business for sale in Los Angeles is available at an asking price of $10 million, determined by a 5x multiple of the projected 2023 non-COVID EBITDA.
