American Healthcare Capital is pleased to introduce a state licensed and Joint Commission accredited mental health and in-home counseling agency located in Virginia. The company has been in business since 2009 and their services include comprehensive, community-based services including in-home counseling, mental health skills building, psycho-social rehabilitation, and a variety of day treatment and after school therapeutic programs for local youth.
The sole payer source is Medicaid, and currently, 90% of their services are directed toward adults and roughly 10% are youth. The company has grown steadily over the last 4 years and in 2019, they are projected to generate approximately $3.17 million in revenue with an adjusted EBITDA of $580,853 (18.31%). Referrals come from assisted living facilities in the community, as well as local schools, hospitals, and social workers.
All employees are expected to stay on under new ownership and management is in place ready to take over the seller’s responsibilities, who is willing to assist during a short transition. The asking price for this opportunity is $2.4 Million.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.