$1.2 Million Private Duty Home Care & Pediatric/Geriatric Therapy Co.

Richmond, KY (Madison County)

$1.2 Million Private Duty Home Care & Pediatric/Geriatric Therapy Co.

Asking Price:$950,000

Cash Flow:N/A

Gross Revenue:$1,200,000

EBITDA:$260,000

FF&E:N/A

Inventory:N/A

Established:2009

$1.2 Million Private Duty Home Care & Pediatric/Geriatric Therapy Co.

Get Financing Save Print Share Valuation Report

Business Description

American Healthcare Capital is pleased to introduce a multi-faceted business which includes a Private Duty home care agency and a Therapy agency that is for sale. The company has been in business since 2009. They provide non-skilled home care services, as well as Physical, Occupational, and Speech Therapy. Although most of the therapy business is geriatric, nearly 30% comes from pediatric clients. Their service area spans nearly 10 counties throughout the region.

The company’s total payor breakdown is 86.5% private pay and 13.5% First Steps (Kentucky’s Statewide Early Intervention System). Approximately 60% of the business is from Therapy, while the remaining 40% is from home care. In 2014, total gross revenues for both companies were $952,000 Million and grew to over $1 Million in 2015 with an adjusted EBITDA of approximately $260,000 (24.5%). They served nearly 1600 therapy related clients in 2015 and their average home care census was 64 clients. Furthermore, they are on pace to exceed $1.2 Million in gross revenue in 2016.

Current ownership is looking to retire and explore other business opportunities. The asking price for this opportunity is $950,000.

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.

AHC screens all buyers and will release information selectively. We also work exclusively with our clients and never co-broker. In order to view our listings, all potential buyers must show proof of funds and have relevant industry experience. If you would like to learn more, please contact us for a Confidentiality Agreement.

Detailed Information

Employees:
35+

Listing Statistics for Premium Members

Ad#:1270899 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn how to use your 401k or IRA to fund a business - save 40% in fees. Business Funding Trust
Contact Seller Loading

Mike Moran

Business Listed By:
Mike Moran

American Healthcare Capital

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


Soulstice

Franchise Opportunity In KY
Capital Required: $88,300