American HealthCare Capital is pleased to present a CHAP accredited, Medicare and Medicaid certified Home Health agency based in the San Francisco Bay Area. The company was founded in 2015 and provides a variety of services including Physical, Occupational, and Speech Therapy, Skilled Nursing, Social Worker, and Home Health Aide services, as well as the full range of assistance with ADLs (Activities of Daily Living).
In 2018, the company generated gross revenues of $3 million and in 2019, they experienced explosive growth generating a total of $6.25 million in revenue with a net income of over $2 million (32.37%). From January – May of 2020, they continued on their trajectory of growth, generating a total of $3.64 million in revenue with a net income of $1.23 million (33.84%). They have a current 2020 revenue run rate of $8.7 million.
Their payer mix consists of Managed Care and Medicare and they have a current census between 250-300 patients.
All employees are expected to remain, and the sellers are willing to assist during a short transition period. The asking price for this opportunity is $12 million.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.