American HealthCare Capital is pleased to introduce an established home care agency for sale in the southwest Pennsylvania area. The company has been in business since 2015 and provides non-skilled home care services and personal care services to seniors and those with special needs. This agency has a clean record with its state licensing agency and their service area includes ten counties with expansion potential.
The company’s payor mix consists of 100% MCO Waivers. Gross revenues were $619,330 in 2019 with an adjusted EBITDA margin around 31%. Their average daily census is 10 clients, with none of them receiving 24-hour care. Although the focus has been on stable revenues, the sellers feel there is abundant opportunity for growth.
The staff is expected to stay on under new ownership, including the pool of W-2 employee caregivers. Additionally, the seller will assist a new owner during a transitional period.
The asking price for this opportunity is $800,000.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.