Company Overview
American HealthCare Capital is pleased to introduce a profitable, multi-location orthotics and prosthetics company based in the West and Mid-West. Established in 1993, the company has an outstanding reputation and is licensed in multiple states. All locations are ABC-accredited and certified.
Financial Overview
The company’s payers consist of Medicaid, Medicare, Private Insurance, and Private Pay. Revenues were $3,407,360, $2,695,219, and $2,394,208 for 2020, 2021, and 2022 respectively. The decline in 2022 was partly due to the reallocation of resources to open a new office, as well as a practitioner being out on leave temporarily. The adjusted 2023 EBITDA is expected to reach nearly $775,000. The company is now on track to grow and expand in the coming years.
Staff Overview
All staff, including the owners, are expected to stay under new ownership. The sellers are seeking a buyer that has the capital and infrastructure to take advantage of their replicable systems and processes to scale the business to major cities throughout the United States.
Asking Price
The asking price for this multi-location prosthetics and orthotics company is $4.4 million plus sealed inventory.
