Company Overview
American HealthCare Capital is pleased to present a unique opportunity to acquire a Medicaid-certified developmental disability services provider located in the Great Plains region. They provide a comprehensive suite of services, including Residential, In-Home, Extended Family Home, Respite, Supported Living, and Vocational Services, with a focus on improving the lives of adult individuals with intellectual and developmental disabilities.
Financial Overview
The company’s current payer mix is 100% Medicaid. The company has seen significant growth over the past few years, with gross revenue of $7,479,530 in 2020, $11,299,663 in 2021, and $17,539,773 in 2022. In 2023, they expect to gross over $24 million while maintaining a 30% profit margin.
As the demand for services for individuals with developmental disabilities continues to increase, the company has the potential to further expand its offerings and meet the needs of an even larger client base.
Staff Overview
The full complement of staff is expected to stay on under new ownership. The owner is available for a transitional period to ensure a smooth transition but is open to staying on for the right opportunity.
Asking Price
The asking price for this opportunity is $50 million.
