American HealthCare Capital is pleased to offer a Medicaid Certified Intermediate Care Facility for Individuals with Intellectual Disabilities located in the State of Kansas. They provide daytime and residential support services for adult individuals with intellectual and developmental disabilities and offer 24/7 care.
The company’s current payer mix is 100% Medicaid. Over the past three years, the company has increased in annual revenue and has been profitable. In 2018, the company collected $1,536,629 in gross annual revenue with an adjusted EBITDA of $344,795. In 2019, they collected $1,925,902 in gross revenue with an adjusted EBITDA of $357,000. In 2020, they collected $2,227,847 in gross annual revenue with an adjusted EBITDA $510,050. In 2021, they anticipate collecting approximately $2.2 million in gross revenue and over $500,000 of adjusted EBITDA.
Both sellers are considering a complete exit but open to staying on for the right opportunity. The rest of the staff is expected to stay on under new ownership.
The asking price for this opportunity is $2 million plus real estate.
If you would like to learn more, please use the form on the right-hand side of the page to execute our NDA. You will need to copy the Listing Code and Listing Title from the summary above to complete the NDA.