American HealthCare Capital is delighted to present a unique opportunity to invest in a fast-expanding, multi-disciplinary Primary Care Practice based in Texas. This dynamic company offers traditional primary care services and expanded into psychiatry last year. They are on the brink of launching physical therapy, lab, and immediate care services as well. Specialties such as rheumatology, endocrinology, GI, and cardiology are also on the near horizon.

This promising venture has seen substantial revenue growth over the years. In 2019, it generated $1.9 million, followed by $3.3 million in 2020, $4.8 million in 2021, and $6.7 million in 2022. From January to May 2023, the company earned revenue of $4.7 million and is on track to reach $12 million in revenue with an EBITDA of $6 million by the end of 2023. Their payer mix consists of 75% commercial, 15% Medicare, and 5% private pay, serving around 1,550 patients weekly.

The business is primarily managed by an owner who is also a physician. However, he spends only 5% of his time seeing patients, with the majority of his efforts dedicated to administration and scaling the business. He would like to sell 90% of the business to a strategic partner who can support the vision of further expanding this multidisciplinary practice, broadening the range of services, and reaching more locations.

This unique opportunity is available for an asking price of $50 million.

If you would like to learn more, please use the link on the right-hand side of the page to execute our NDA. You will need to copy the Listing Code (Example: TXMC1A) and Listing Title (Example: $1 Million Home Health Agency in Texas) from the summary above to complete the NDA.