Company Overview
American HealthCare Capital is pleased to present a fully comprehensive and innovative multi-location urgent care business in Florida. The company opened its first location almost a decade ago and all locations provide the gamut of urgent care services, including occupational health, advanced imaging (x-ray, ultrasound, and CT/CTA, with MRI coming in early 2023), laboratory testing, infusion/hydration, and medical exams. In addition to MRI services, Primary Care offerings are also scheduled to be launched in the first half of 2023. The company’s strong brand name recognition and reputation for excellence sets it apart as the go-to medical provider in the area.
Financial Overview
Because the local community has come to depend on these strategically placed locations to provide everything from basic healthcare to emergency services, the urgent care company in Florida\’s financial position has remained strong. Revenues held steady from 2019 to 2020 at approximately $6.4 million, grew to $8.5 million in 2021, and are on a 2022 run rate of $9.6 million with an anticipated adjusted EBITDA of $2 million. Future growth opportunities include significant expansion of Occupational Health revenue as marketing ramps up, coupled with the additional income streams resulting from the launch of MRI and Primary Care services in 2023. The communities served continue to flourish with additional growth of high-end residential development in the immediate area.
The multi-location Florida urgent care company’s offerings are first-in-class as evidenced by its strong patient loyalty and deep business relationships throughout the community. Without question, the company’s success in delivering innovative, high-quality, comprehensive, and accessible healthcare solutions makes this a uniquely special opportunity in the space.
Staff Overview
The owner would be open to staying on in some capacity if desired by the buyer, whether that be as a brand ambassador or consultant. The CFO is equally open to remaining with the company should that be the preference of the buyer.
Asking Price
The asking price for this multi-location urgent care in Florida is $16 million.
