Company Overview

PRIME exits and American HealthCare Capital are pleased to introduce a nationwide niche medical staffing agency for sale based in North Texas, just north of Dallas. This niche recruiting business was founded in 2001 by the current owner. The company specializes in permanent recruitment in Radiology, Laboratory and Cardiology, which represents 100% of their placements. This includes Radiology Technologists, Cat Scan Technologists, MRI Technologists, Medical Technologists, Sonographers, Cardiac Cath Lab Technologists, and more. The company has established a great reputation nationally but has a larger presence in the Southern US.

The business has a very large client base and continues to work with some of the largest health systems in the United States. This includes HCA Healthcare (the largest health system in the country), Community Health System, Adventist Health, Atrium Health, Medical University of South Carolina, University Hospitals, University of Florida Health, and many more. The business primarily works with Acute Care Hospitals and has a database of more than 100,000 healthcare providers.

Financial Overview

In the pandemic year of 2020, the company had total revenue of $141,000 with an EBITDA of $90,000 (63.8%). In 2021, the business finished the year with $302,000 in gross revenue and $135,000 (45%) in EBITDA. 2022 was another big growth year, and they ended the year with $482,300 in sales, up 37% from the prior year, with an EBITDA of $353,000 (73%). The finalized revenue for 2023 was down some to $388,475 with an adjusted EBITDA of $223,285.00. The Estimated Year End Revenue for 2024 will be around $275,000 with an EBITDA of $115,000.

Staff Overview

The owner is pursuing a sale due to involvement in other business interests and to spend more time with his family. He is more than willing to stay on during a transitional period to ensure the new owners are familiar with all aspects of the business, and he is open to staying on in a reduced capacity role if the new owners are in agreement and it is mutually beneficial for both parties.

Asking Price

The asking price for this opportunity is $375,000.00.