American HealthCare Capital is pleased to introduce an established, women-owned Medicaid waiver private duty home care agency for sale in Western Texas. The company has been in business since 2012 providing non-skilled home care services at the home care aide/nursing aide level. This agency has a clean record with its state licensing agency, and their service area includes six counties.
The company’s payer mix is 99.9% Medicaid waiver with a small amount of private pay. Gross revenues in 2021 were $637,788. In 2022, they anticipate reaching over $700,000. Adjusted EBITDA was over $89,000 in 2021, and is projected to be closer to $166,000 in 2022. Their average daily census is 40 clients, and none of them receive 24-hour care. Although the focus has been on stable revenues, the seller believes there is abundant opportunity for growth. Expansion can be achieved through further cultivation of referral partners, increased marketing efforts, as well as adding more private pay clients.
The staff is expected to stay under new ownership, including the pool of W-2 employee caregivers. Additionally, the sellers will assist a new owner during a transitional period.
The asking price for this Western Texas business for sale is $500,000.
