Company Overview
American HealthCare Capital is pleased to exclusively present a leading non-medical home care provider serving multiple markets across Tennessee. Founded in the late 1990s, the company has grown into one of the most trusted and awarded providers in the region, operating from seven offices and delivering a full suite of services designed to support seniors and their families.
The company provides a comprehensive continuum of in-home services, including personal care, companionship, transportation, light housekeeping, meal preparation, dementia and Alzheimer’s care, respite care, and medication reminders. It is fully licensed, bonded, and insured, with all caregivers employed directly by the company rather than engaged as independent contractors. Caregivers undergo mandatory training every six months, ensuring industry-leading quality standards and regulatory compliance.
Financial Performance
Financial performance demonstrates consistent growth and strong profitability. In 2023, the company generated $8.4 million in revenue with $1.9 million in adjusted EBITDA (22% margin). In 2024, revenue increased to $9.4 million with $2.45 million in adjusted EBITDA (26% margin). Through the first eight months of 2025, the company reported $6.1 million in revenue with $1.68 million in adjusted EBITDA (28% margin), and full-year 2025 revenues are projected to reach $9.1 million with $2.5 million in adjusted EBITDA.
Payer Mix
The company derives all of its revenue from TennCare, Tennessee’s Medicaid program. This provides consistency and predictability in reimbursement, while also creating an opportunity for new ownership to diversify into commercial payers, Medicare Advantage, or private pay services to unlock additional growth potential.
Conclusion
With an established brand, a deep referral network, and a strong management team in place to ensure continuity post-close, this business represents a rare opportunity to acquire a scaled, highly reputable home care provider with a proven track record of growth, strong margins, and significant runway for expansion across Tennessee and neighboring states.
Asking Price
The asking price for this business is $15 million, which excludes cash, receivables, and working capital.