Listings

$13 Million Private Duty Home Care Agency based in Northern California

California
$13,000,000
CAPD1Y

American HealthCare Capital is pleased to introduce a professional private duty home care organization for sale in Northern California. The company has been in business for 20 years providing non-medical home care services, including personal care, meal preparation, transportation, respite care, companionship, care management services and much more. They are licensed by the Department of Social Services as a non-medical home care organization (HCO) and they service the greater Bay Area and Central Valley communities.

The company’s payer mix is 69.75% private pay, 17.11% LTC Insurance, 8.40% Veteran’s Admin, and the balance from other payer sources. Gross revenues were $11,139,297 in 2020. They expect revenues to exceed $13 million in 2021 and are projecting over $14 million in 2022. Adjusted EBITDA was nearly 17% in 2020 and is expected to be the same or better in 2021 and 2022. Their average daily client census is 152, consisting of an average of 207 shifts per day, and they bill an average of 34,382 hours per month.

The company is in the top 5% nationally in industry financial performance. They are seeking a buyer that can utilize their proprietary business model, significant infrastructure, positive community reputation, and valuable strategic partnerships to expand geographically and scale the business. There is also a full complement of administrative and field staff that will continue with the business.

The seller will consider all reasonable offers.

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.