American HealthCare Capital is pleased to introduce a private duty home care agency for sale in the Dallas/Fort Worth, Texas area. The company has been in business since 2005 providing non-skilled home care services at the home care aide/nursing aide level. This clean agency has an impeccable record with its state licensing agency and won multiple awards. They service a 19 county area.
The company’s business is 100% private pay. Gross revenues were $1.8 million range in 2019 with an adjusted EBITDA margin around 15%. They are currently on pace to exceed $1.9 million in 2020. Their average daily census is 37 clients, with 15% of them receiving 24 hour care. Although the focus has been on stable revenues, the seller feels there is ample opportunity for growth.
The staff is expected to stay on under new ownership, including a pool of 65 contracted caregivers. Additionally, the seller will assist a new owner during a transitional period. The asking price for this opportunity is $985,000.
