Company Overview
American HealthCare Capital is pleased to offer a Medical Staffing company for sale in the Midwest region. The company provides a variety of Long Term and Per Diem Medical Staffing services. They are contracted with many hospitals and surgery centers in the Midwest, and their average assignment lasts 13 weeks.
Financial Overview
Over the past three years, the healthcare staffing company has increased significantly in gross annual revenue. In 2019, they generated $5,297,061 in gross collected revenue with an adjusted EBITDA of $663,340. In 2020, the company remained consistent despite Covid, generating $5,200,040 in annual revenue with an adjusted EBITDA of $798,648. In 2021, they collected $7,909,312 in gross annual revenue with an adjusted EBITDA of $1,423,272 and are projected to increase exponentially in 2022 due to shortages of full-time staff. In 2022, through May, they have collected $6,381,240 in gross revenue with an adjusted EBITDA of $1,208,045, putting them on pace to collect over $15 million in gross revenue with an approximate adjusted EBITDA of $3 million.
Asking Price
The asking price for this medical staffing Midwest business for sale is $20 million.