$1.7 Million Non-Skilled, Private Duty Home Care Agency in Northern Virginia
American HealthCare Capital is pleased to offer a Non-Skilled Private Duty Home Care Agency for sale in Northern Virginia. The company provides private duty home care which includes Activities of Daily Living (ADL’s) such as bathing, dressing, oral care, toileting, transferring, transporting, eating, cooking, serving meals, shopping, light housekeeping and driving. They also provide companionship and respite care. They serve clients within 3 affluent counties in Northern Virginia.
The company’s payer mix is approximately 90% Private Pay and 10% Insurance. Over the past couple of years, the company has grown significantly in annual revenue and has been profitable. Gross revenues went from nearly $900,000 in 2017 to almost $1.4 million in 2018, to a run rate of $1.7 million in 2019. Additionally, they are expected to be very profitable with an adjusted EBITDA of $385,000 in 2019.
The asking price for this opportunity is $1.5 million. The seller is willing to stay with the company for the right opportunity.