State:
South Carolina
Category:
Home Care & Home Health
Asking Price:
$3,200,000
Revenue:
$3,400,000
Company Overview
PRIME exits and American HealthCare Capital are pleased to exclusively introduce a private duty home care agency for sale located in New Jersey. Established in 2015, the company is approved to serve patients across the entire state. Their core services include non-medical Personal Care, Homemaking, and Companionship, though they also provide Skilled Nursing on an as-needed basis.
Financial Overview
The company grew from $1,536,651 in gross revenues in 2021 to $2,642,001 in 2022. In 2023, gross revenues improved to $2,747,084, with an adjusted EBITDA of $448,319 (16.32%). Through June 2024, the company continued its growth trajectory with $1,613,108 in gross revenues. 2024 gross revenues are projected to exceed $3,400,000 with an adjusted EBITDA in the $560,000 range.
Staff Overview
The current staff is expected to remain under new ownership. The owner intends to pursue other endeavors and will assist with a transition.
Asking Price
The asking price for the business opportunity is $3.2 million.
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