Company Overview
American HealthCare Capital is pleased to exclusively introduce a Private Duty Home Care Agency located in South Carolina. Established in 2015, the company is approved to serve patients across the entire state. Their core services include non-medical Personal Care, Companionship, and Respite Care.
Financial Overview
The company grew from $2,642,001 in gross revenues in 2022 to $2,747,084 in 2023 with an adjusted EBITDA of $448,319 (16.32%). In 2024, gross revenues grew substantially to $3,193,230 with an adjusted EBITDA of $551,373 (17.27%). Through 3/31/25, gross revenues were $840,857 with a net income of $41,885. 2025 gross revenues are projected to be $3,400,000 with an adjusted EBITDA in the $575,000 range.
The company’s payer mix is 45% Private Pay, 29% VA, 12% Helper Bees/Health Align, 7% Long Term Care Insurance, and 7% Appalachian Council of Government Respite Voucher. The company does not participate in Medicare or Medicaid payer programs. The current average census is 110 patients, and 5 patients receive 24/7 care. The company bills approximately 9,650 hours per month. The average bill rate is $28.23 per hour, and caregivers are paid an average wage of $15.91 per hour.
Staff Overview
The current staff is expected to remain under new ownership. The owner intends to pursue other endeavors and will assist with a transition.
Asking Price
The asking price for the business opportunity is $2.5 million.
