Company Overview
American HealthCare Capital is pleased to introduce a nationwide medical staffing agency for sale based in North Texas. The business started with IT Staffing only, but they added Medical Staffing in 2020. As of August 2023, the company has divested the IT staffing component. The Medical Staffing side of the business has continued to grow since its inception.
The company specializes in the nationwide, temporary placement of Allied Staffing and Nurse Staffing. They are currently working with close to 500 Hospitals and Long-Term Care facilities throughout the country. The average length of assignment is 13 weeks to 1 year with an average hourly wage between $80 and $100/hour.
Financial Overview
The Medical Staffing business started in March of 2020 and has been growing rapidly every year. In the first year, they finished with total revenue of $272,000. The business quickly expanded, and they finished 2021 with over $1.2 Million in sales. They continued to increase in 2022 with new customers and more placements, achieving $5.17 Million in total revenue by the end of the year. The business is currently on track for year-end revenue of over $5 Million in 2023 with an EBITDA of $834,182.
Staff Overview
The owners are pursuing a sale due to involvement in several other businesses. They are willing to stay on during the transition period to ensure the new owners are familiar with all aspects of the business.
Asking Price
The asking price for this opportunity is $4 million.
