$3 Million Case Management and Home Care Agency for Automobile Injury Patients in Michigan
American HealthCare Capital is pleased to introduce a Case Management and Home Care agency for Automobile Injury patients for sale in Michigan. The company has been in business for twenty-five years. Their service area covers the entire state of Michigan.
The company’s payer mix consist of 98% Michigan No Fault Auto Insurance and 25% Workers Compensation. Gross revenues have been consistent over the last few years, ending 2019 at $2,652,635.47 with an adjusted EBITDA of $773,201 (26.4%). They are currently on track to gross $3 million with an adjusted EBITDA margin of 25%. The owner believes that significant growth opportunities exist through enhanced marketing efforts to healthcare professionals.
The seller is looking to retire but will be available to assist during a transitional period. All staff is expected to stay on under new ownership.
The asking price for this opportunity is $3 Million.