Description

Our company is pleased to introduce a Medicaid certified Pediatric Home Health and Private Duty skilled nursing agency for sale in the Austin, Texas area. The company has been Medicaid certified since 2014. They service all counties within the state of Texas, with the city of Austin being the central provider.

The company’s payer mix consist of 80% Medicaid and 20% private insurance. Gross revenues were $1.5 Million in 2015 with an adjusted EBITDA of $610,936. In 2016 the company is on track to gross approximately $4 Million with an adjusted EBITDA reaching over $800,000. They are projected to reach around $6.5 Million in 2017 with an approximate adjusted EBITDA of $1,300,000. The owners feel there are endless opportunities for growth in this area if time is taken to work on strategic marketing efforts.

The staff is expected to stay on under new ownership and the owner is willing to assist during a short transitional period..

The asking price for this opportunity is $4,000,000.

Posted Nov 11, 2016

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