American HealthCare Capital is pleased to present a unique opportunity to acquire an Adult Partial Care Behavioral Health provider based in the Northeast. Operating across 9 locations, this premier provider offers a comprehensive suite of services, including Adult Partial Care for Mental Health, Partial Care (PC), Intensive Outpatient (IOP), and Outpatient (OP) programs for substance use, outpatient mental health, and residential mental health services.
With a primary payer mix of 100% Medicaid, the company has achieved exceptional financial performance. In 2021, it recorded an impressive $7,328,961 in gross collected revenue, accompanied by an adjusted EBITDA of $1,282,761. Building on this success, the company continued to display strength in the subsequent year, boasting a combined annual revenue of $15,896,687 and an adjusted EBITDA of $4,078,600. In 2023, the company foresees grossing over $15,000,000 while maintaining a robust 30% profit margin.
As the demand for behavioral health services continues to rise, the company is poised to expand its offerings and serve an even larger client base. The sellers believe continued growth can be achieved through expansion into different states and the adding additional residential facilities.
The full complement of staff is expected to stay on under new ownership. The owners are available for a transitional period to ensure a smooth transition and are potentially open to staying on for the right opportunity.
The asking price for this opportunity is $35 million plus the market value of the real estate.
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.