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$880,000 Revenue Private Pay Home Care Agency in Austin, Texas

Listing Code:

TXPD2B

State:

Texas

Category:

Home Care & Home Health

Asking Price:

$350,000

Revenue:

$880,000

TXPD2B

American HealthCare Capital is pleased to introduce non-medical private pay home care agency located in the Austin, Texas area. Established in 2012, the company is approved to serve patients in Travis, Hays, Caldwell, and Comal counties. The agency’s core services include Personal Care, Homemaking, Companionship, and Care Management. The company’s payer mix is 100% Private Pay. Approximately 20% of clients have Long-Term Care Insurance (though all LTC patients pay the company directly). The current average census is 26 patients, and there are 2 clients receiving 24/7 care. The private pay home care company bills 700 – 800 hours per week. The average bill rate is $28.50, and Caregivers are paid $16-$17 per hour. Gross revenues remained consistent at just over $1 million per year from 2019 – 2021. In 2021, gross revenues were $1,027,154 with an adjusted EBITDA of $40,651 (3.96%). Through 8/31/22, gross revenues were $586,383, putting this business for sale in Austin, Texas on track to achieve $880,000 by year-end. The staff is expected to stay on under new ownership. The owners, who currently reside out of state, intend to pursue other endeavors and will assist with a transition. There are existing employees who manage most of the day-to-day operations. The asking price for this business for sale in Austin, Texas is $350,000.

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Listing Code:

TXPD2B

Listing Title:

$880,000 Revenue Private Pay Home Care Agency in Austin, Texas

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Contact the Team

Jack Eskenazi American Healthcare Capital

Jack Eskenazi

President/Founder

American HealthCare Capital

Dr. Allen Nazeri DDS MBA.jpg

Dr. Allen Nazeri 

Managing Partner

PRIME exits

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About us
 

PRIME exits is a registration pending trademark for Nazeri & Company LLCan independent affiliate of American Healthcare Capital. Nazeri & Company, Co. Ltd. is an international subsidiary of Nazeri & Company LLC. We are a merger and acquisition advisory firm focused on the healthcare industry with a network of 50+ M&A analysts and advisors. 

 

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Contact us

 

1-800- 424-3388 HEAD OFFICE

1-310-625-7889 Jack Eskenazi

1-702-506-3392 Dr. Allen Nazeri 

Valuation Team

Jack@ahcteam.com

Allen@ahcteam.com

Allen@pexits.com

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