Company Overview

PRIME exits and American Healthcare Capital are proud to introduce a medical staffing company based in the Southeast. The company was founded in 2016. The company’s focus is providing nurses to Long Term Care Facilities on a per diem basis.

Financial Overview

The company has a strong track record of performance and profitability. In 2022, Gross Revenues were $13,009,855 with a Net Profit of $2,441,607 (18.8%), and in 2023, Gross Revenues were $7,244,251 with a Net Profit of $1,544,608 (21.3%). In 2024, the company’s Gross Revenues were $3,992,235 with an adjusted EBITDA of $613,445 (15.3%). The drop in projected revenue can be attributed to clients who have decided to forgo agency staffing and handle staffing in house.

Organizational Overview

A strong organization is in place that runs the day-to-day operation of the business. The company currently has approximately 100 nurses in the field working on assignment. The team running the business is expected to stay in place post-sale.

The absentee owner is looking to sell to a strategic buyer with knowledge in the staffing industry and will be available for 90-days post close to assist with the transition to the new owners.

Asking Price

The asking price for this opportunity is $2.5 million.