American Healthcare Capital is pleased to offer a 55-year-old, 120 bed, Skilled Nursing Facility located in Northwest, Texas. The property is in pristine condition and includes 24-hour professional Nursing Care, housekeeping and laundry services, private patios, and much more. Services provided include Professional and clinical care, Rehabilitation services, Hospice and Respite care, Wound Care, and much more.
The company is licensed to service 120 dual certified beds and accepts private insurance, private pay, Medicaid, and Medicare residents. The facility has a current census of 94 with 5 new admissions per month, and the payer breakdown is 80% Medicaid, 10% Medicare, and 10% Private Pay. In 2016, the company generated $6.1 Million in revenue with an adjusted EBITDA of $834,485. In 2017, the company is on pace to generate $7 Million in revenue with an adjusted EBITDA of $1,050,000 (15%).
The asking price for the business opportunity and real estate is $8.6 Million, which is based on a 12.2% capitalization rate.