American Healthcare Capital is pleased to introduce a Multi-Service I/DD & Senior Care Agency located in Washington State. Their services include Residential, Vocational (CARF Accredited), Home Care, and Long Term Care. This agency works with I/DD individuals of all ages and throughout all phases of life.
The company’s payor breakdown is 98% Medicaid and 2% Private Pay. Both revenue and profit have steadily grown throughout the company’s lifecycle. Gross Revenues were approximately $4.7 Million in 2012, $5.4 Million in 2013, and are on pace to reach $6 Million in 2014 with an EBITDA margin greater than 15%.
This positive growth trend is expected to continue in 2015.
The staff consists of 300 employees and all key personnel are expected to remain on under new ownership.
The seller will gladly assist during a transitional period and would like to stay on in a lesser capacity. The asking price for this opportunity is $4.2 Million.