American HealthCare Capital is pleased to introduce a nationwide medical staffing provider based in Florida. Since 2014, the company has been providing Travel, Per Diem and Permanent Nursing and Allied Professionals services to various hospitals throughout the nation. The company was awarded its Joint Commission accreditation in 2018.
The company’s revenues are derived from 45 contracts which include approximately 1,000 Hospitals located in over 6 different states. In 2019, they generated $2,765,975.60 in gross revenue with an adjusted EBITDA of $511,834.42 (18.5%), and in 2020, they generated $3,752,738.56 in gross revenue with an adjusted EBITDA of $748,292.00 (20%). The company is at its peak performance today and is currently on track to exceed $6 million in 2021 with an adjusted EBITDA margin of 24%.
The company currently has 25 RNs on payroll, 2 recruiters, and a Director of Operations, all of whom are expected to stay on. The owner of the business has decided to focus on other interests but is available to assist during a transitional period.
The asking price for this opportunity is $5 million.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.