American Healthcare Capital is pleased to introduce a $50 million Highly Profitable Long Term Care Pharmacy company strategically located on the East Coast. The company has been in business for over 10 years and has positioned themselves as a leading provider of Pharmacy services and solutions to the Long Term Care sector. Their service area spans 5 states and they are anchored by the most secure contracts found in the industry.
The East Coast companies payor breakdown consists of Facility, Third Party and Private Revenue sources. In 2015 the company generated nearly $32 million in revenue and grew dramatically to over $48 million in revenue in 2016 with an adjusted EBITDA of nearly $3.1 million (6.39%). In 2017 they are on pace to exceed $50 million in revenue with an adjusted EBITDA of approximately $4.73 million (9.42%). There are also future contracts and new projects in place to grow the business exponentially and further exceed their 2017 forecasts.
All key staff are expected to stay on and the sellers will accommodate a transitional period as needed. The asking price for this East Coast long term care pharmacy company is $47.5 million. If you would like to learn more, please contact us for a confidentiality agreement that will allow us to share the more detailed information with you.
