American HealthCare Capital is pleased to introduce a fast-growing, multi-location, Primary Care Practice in Texas. The company provides traditional primary care services and is expanding to offer psychiatry services and immediate care.
The company generated $1.88 million in revenue in 2019, $3.32 million in revenue in 2020, and $5.36 million in revenue in 2021 with an adjusted EBITDA of $2.74 million. Their payor source breakdown is 80% commercial and 20% Medicare. The company sees 130 patients per day on average, with patients coming from hospital referrals and word of mouth. The company expects to generate $4.5 million of EBITDA in 2022.
The owner is selling to allow a new owner to take the business to the next level but is willing to stay on and continue growing the company with the right partner.
The asking price for this opportunity is $16.5 million
If you would like to learn more, please use the form on the right-hand side of the page to execute our NDA. You will need to copy the Listing Code and Listing Title from the summary above to complete the NDA.