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$800,000 Revenue Premier Provider of Therapy Staffing in California and Florida

State: 

Category:

Staffing

Asking Price:

$1,000,000

Revenue:

$800,000

Listing Code:

XYST1F

American HealthCare Capital is pleased to introduce a Rehab Therapy Staffing Registry. The company has been a premier provider of rehab staffing since 2018. They contract with numerous facilities to provide a full complement of rehab specialists, including Physical Therapists, Occupational Therapists, Speech Therapists and Registered Dietitians. Staffing can be provided in several medical settings, including home health agencies, hospitals, skilled nursing facilities and assisted living homes. Their service area spans 5 counties in California and 11 counties in Florida.

The company’s revenues are derived from a total of 30contracts. Gross revenues were $1,438,265.94in 2019 with an adjusted EBITDA of $335,637.70 (23%). They were on track to generate similar numbers in 2020 before Covid-19 hit.In 2021, the company is on track to gross over $800,000 with an adjusted EBITDA margin of 15.4%. There is tremendous room for growth in their extensive service areas.

The full complement of staff is expected to stay on under new ownership. The owner of the business is flexible and would be open to a partnership or a full exit if the opportunity was right.

The asking price for this opportunity is $1,000,000, which includes the staffing registry, therapists, assets, and the accounts receivable.

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