Company Overview
American HealthCare Capital is pleased to exclusively introduce a multi-location Speech Therapy clinic for sale in Los Angeles County, California. The company has been in business since 2007. The company has ASHA Certification, as well as MediCal and Medicare. They offer standardized assessments and speech-language therapy to a diverse population, from birth to adulthood. Services are provided to private clients, school districts, insurance clients, and Regional Center clients. They can provide telehealth services, if necessary.
Financial Overview
The company’s payer mix is 100% Insurance. Gross collected revenue in 2021 was $3.7 million and grew to $3.9 million in 2022. They remained steady in 2023 with gross collected revenue of $3.86 million with an adjusted EBITDA of $481,287. Based on results through April, they are on pace to exceed $4.4 million in gross collected revenue by the end of 2024 with an adjusted EBITDA margin of 15%. The company is in a growing market with room to expand to additional locations.
Asking Price
The asking price for the opportunity is $3.5 million.
