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$11.7 Million, Multi-Location, Non-Skilled Home Care Agency in the Mid-Atlantic

State: 

Category:

Home Care & Home Health

Asking Price:

$12,000,000

Revenue:

$11,700,000

Listing Code:

XYPD1C

American Healthcare Capital has pleased to introduce a Non-Skilled Home Care Business located in the Mid-Atlantic area. The company has been in business for nearly 25 years, providing homemaking services and personal care. They have multiple locations, allowing them to serve a very broad area.

The company’s payer mix is 97.5% Medicaid, 2% Insurance, and 0.5% VA. Gross revenues for 2016 were over $11.7 Million with an adjusted EBITDA of approximately $2.1 Million, and they are on track to do the same in 2017 with a similar or better EBITDA margin. The current average census is just over 815 clients.

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