American HealthCare Capital is pleased to introduce a multi-faceted I/DD company for sale in Northwestern and Central North Carolina. This well-established company provides Residential and Community Behavioral Health services to adults with I/DD or Mental Health issues. Their service area encompasses 7 counties.
The company’s business mix is 59% Medicaid, 35% NC State Programs, and 6% local (client benefits). Gross revenues were over $2.4 Million in 2014 and they are on track to do $2.5 Million in 2015 with an adjusted EBITDA of 7%. The seller feels that growth can be achieved by increasing their marketing effort.
The seller would like to pursue other business ventures but the staff is available to continue working with a new owner. The asking price for this opportunity is $700,000.