American HealthCare Capital is pleased to introduce a successful, non-medical private duty home care agency located in the Amarillo, Texas area, which is in the Texas Panhandle. Established in 2011, the company is approved to serve patients throughout 18 counties in DADS Region 1.
The company’s payer mix is 80% private pay and 20% Long-Term Care Insurance. The company has demonstrated steady growth in the last several years, growing from $1,148,861 gross revenues in 2019 to $1,248,435 in 2020. In 2021, gross revenues increased to $1,470,182, with an adjusted EBITDA of $189,716 (12.9%). The current census is 111 patients, and the seller feels there is significant room for growth through increased marketing.
The staff is expected to stay on under new ownership. The owner intends to pursue other endeavors but will assist with a transition, and there is an existing employee who could replace the owner.
The asking price for the business opportunity is $1.2 million.
