American HealthCare Capital is pleased to offer a Non-Skilled Private Duty Home Care Agency for sale in Northwestern Kansas. The company provides private duty home care, which includes assistance with Activities of Daily Living (ADL’s) such as bathing, dressing, oral care, toileting, transferring, transporting, eating, cooking, serving meals, shopping, light housekeeping, and driving. The company also provides Case Management, coordination with Discharge Planning, Intravenous (IV) Fluid & Medication Administration in the home, Phlebotomy Services, and sponsorship of a DME Loan Program.

The company’s current payer mix is approximately 85% Private Pay & LTC Insurance Reimbursement and 15% VA. Over the past two and a half years, the company has grown in annual revenue and has been profitable. In 2021, the company collected $1,734,248 in gross revenues with an adjusted EBITDA of $367,072 and an average census of 40 clients. In 2022, they collected $1,872,872 in gross revenues with an adjusted EBITDA of $273,834. In 2023, they are projecting an increased census to 45 by the end of the year and have collected $924,580 in gross revenues through June with an adjusted EBITDA of $137,985. This puts them on track to earn approximately $1.9 million by the end of 2023 with an adjusted EBITDA of $300,000.

The staff is expected to stay on under new ownership, and the sellers are open to staying on or exiting as well.

The asking price for this opportunity is $1.4 million.

If you would like to learn more, please use the link on the right-hand side of the page to execute our NDA. You will need to copy the Listing Code (Example: TXMC1A) and Listing Title (Example: $1 Million Home Health Agency in Texas) from the summary above to complete the NDA.