Company Overview

PRIME exits and American Healthcare Capital are pleased to exclusively offer a well-established private duty home care agency in New Jersey. Founded in 2013, the agency has built a strong reputation for high quality personal care services. They provide non-medical, personal care services to those individuals who need assistance in daily living due to age, health, and cognitive related impairments. Hourly and live-in services are provided using employees of the agency. The practice primarily serves a senior population, with approximately 122 clients. They are the exclusive licensee of a technology based dementia solution that is recognized by the Alzheimer’s Association.

Financial Overview

Over the past year, the company has experienced significant revenue growth while maintaining profitability. In 2022, the company generated $3,575,387 in gross annual revenue with an adjusted EBITDA of $425,402. In 2023, revenue increased by approximately 3.43%, reaching $3,696,119 with an adjusted EBITDA of $628,389. In 2024, the company saw an additional increase of approximately 3.98%, collecting $3,845,156 in gross annual revenue with an adjusted EBITDA of approximately $892,000. Year-to-date 2025 financials are demonstrating continued growth and profitability with an average monthly revenue of $530,403, putting them on pace to reach $6.4 million by the end of the year. Approximate adjusted EBITDA for the first seven months of 2025 is $623,875, and projected annualized adjusted EBITDA for 2025 is $1,100,000.

The agency currently serves over 122 active clients per month and employs 170 direct care professionals. Billing rates vary by payor: $35.95-$42.95 per hour (private pay), $42.68 per hour (VA), $59.50-84.00 per hour (DD Medicaid). An average of 14,600 hours are billed monthly.

Client acquisition is from a variety of referral sources; Current/former clients, discharge planners, geriatric case managers, elder law attorneys

Staff Overview

The owners seek to transition out, while the operating team members are expected to remain post-sale, ensuring operational continuity. This includes a CEO and Director of Nursing.

Asking Price

The asking price for this opportunity is $6.6 million.