American HealthCare Capital is pleased to introduce an award-winning, non-medical private pay home care agency located in the Dallas, Texas Metroplex area. Established approximately 10 years ago, the company is approved to serve patients in 14 counties. Their core services include Personal Care, Homemaking, and Companionship.

The company grew from $1,518,007 in gross revenues in 2020 to $1,761,731 in 2021. In 2022, gross revenues increased further to $1,897,273, with an adjusted EBITDA of $200,261 (10.56%). Through August 2023, the company continued to experience substantial growth with $1,320,628 in gross revenues and adjusted EBITDA of $264,567 (20.03%). The increase in gross revenues and profitability through August is attributed primarily to a rate increase that was implemented in January 2023. 2023 gross revenues are projected to reach $2 million with adjusted EBITDA of $400,000 by year-end.

The company’s payer mix is 90% Private Pay and 10% Long Term Care Insurance. The current average census is 75 patients, and there are currently 2 patients receiving 24/7 care. The company bills approximately 6,200 hours per month. The average bill rate is $26.50, and Caregivers are paid an average wage of $13.50 per hour.

The current staff is expected to remain under new ownership. The owners intend to pursue other endeavors and will assist with a transition. There are existing employees who could replace the owners.

The asking price for the business opportunity is $2 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.