Company Overview
American HealthCare Capital is pleased to exclusively introduce a private duty and Medicaid home care agency located in the New Jersey. Established in 2006, the company is approved to serve patients across the entire state. Their core services include non-medical Personal Care, Homemaking, and Companionship.
Financial Overview
The company grew from $2,742,540 in gross revenues in 2022 to $3,268,909 in 2023. In 2024, gross revenues increased to $3,411,955 with an adjusted EBITDA of $659,198 (19.32%). Through the 10-month period ending 10/31/25, gross revenues were $3,006,954 with an adjusted EBITDA of $566,844. On annualized basis, 2025 gross revenues and adjusted EBITDA are projected to be in the ranges of $3,600,000 and $680,000, respectively.
Payer Mix, Census, and Rates
The company’s payer mix is 99.5% Private Pay, and 0.5% Medicaid. The current average census is 50 patients, and 20 patients receive live-in care. The company bills approximately 4,750 hours per month. The average bill rate is $38 per hour for hourly care and $380 per day for live-in care. Caregivers are paid an average wage of $20 per hour for hourly care and $180 – $200 per day for live-in care.
Staff and Exit Plan
The current staff is expected to remain under new ownership. The owner intends to retire and will assist with a transition. There is an existing employee who could replace the owner.
Asking Price
The asking price for the business opportunity is $3 million, which excludes cash, receivables, and working capital.
