Company Overview
American HealthCare Capital is pleased to exclusively present an I/DD Group Home and Foster Care company for sale based in Kentucky. The company has been in business since 2003 and provides Staffed Residences, Adult Foster Care, and Adult Day Training services to I/DD individuals. They operate 3 staffed residences with a total of 9 beds, and Adult Foster Care is provided in host homes. Adult Day Training services are provided out of their main office building.
Financial Overview
The company is currently serving a total of 7 clients. Gross revenue has been consistent for the past few years. They have a current run rate of $900,000 in gross revenue and anticipate an adjusted EBITDA margin of around 20%. There is extensive opportunity for growth with additional staff.
Staff Overview
The existing staff is expected to stay on, but the seller would like to retire.
Asking Price
The asking price for this opportunity is $500,000, which includes the business opportunity only. The seller owns the 3 staffed residences and could be open to selling them if desired.
