American HealthCare Capital is pleased to present a private duty home care and Medicare certified home health agency for sale in the San Francisco Bay area of California. The company provides non-skilled home care and skilled home health services to clients in a 3 county area.
Approximately 98% of the business is private duty home care, while the remaining 2% is Medicare certified home health. Gross revenues were nearly $900,000 in 2020 and are expected to be closer to $1.1 million by the end of the year with an adjusted EBITDA margin of around 15%. With the recent execution of new contracts, they expect to be in the $1.3 million range in 2022 with an adjusted EBITDA margin above 17%. Their current census is around 15 patients, of which 2 receive 24 hour or live-in care. The seller feels there is ample room for growth through a strong marketing campaign.
The seller would like to retire, but the rest of the staff, including key personnel, are expected to stay on. The asking price for this opportunity is $1 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.