$4 Million Revenue Medicare Home Health Agency for Sale in the Central Texas Area
American HealthCare Capital is pleased to introduce a Medicare Certified Home Health Agency located in central Texas between the cities of Austin and Waco. The agency received its Medicare provider number in 2005 and has since established a great reputation for quality service within the community. Their service area includes the counties of Bell, Coryell, Lampasas, San Saba, and Williamson.
Since its inception, the company has consistently experienced upward financial trends. Gross revenues increased from $1.8 Million in 2008 to approximately $2.9 million in 2010. The company expects to generate around $4 Million in 2011 with an adjusted EBITDA margin of over 25%. Approximately 95% of their revenues are derived from Medicare while the remainder comes from Insurance and Tricare. Their average census is 235 patients.
The sellers, who are essentially absentee owners, are seeking to pursue other non-related interests and have therefore decided to sell. However, all if the key personnel would be willing to stay on with a new owner to continue growing the business. The asking price for this opportunity is $4 Million. If you would like to learn more, please contact us for a Confidentiality Agreement what will allow us to share more detailed information with you.
$4 Million Revenue Medicare Home Health Agency for Sale in the Central Texas Area
American HealthCare Capital is pleased to introduce a Medicare Certified Home Health Agency located in central Texas between the cities of Austin and Waco. The agency received its Medicare provider number in 2005 and has since established a great reputation for quality service within the community. Their service area includes the counties of Bell, Coryell, Lampasas, San Saba, and Williamson.
Since its inception, the company has consistently experienced upward financial trends. Gross revenues increased from $1.8 Million in 2008 to approximately $2.9 million in 2010. The company expects to generate around $4 Million in 2011 with an adjusted EBITDA margin of over 25%. Approximately 95% of their revenues are derived from Medicare while the remainder comes from Insurance and Tricare. Their average census is 235 patients.
The sellers, who are essentially absentee owners, are seeking to pursue other non-related interests and have therefore decided to sell. However, all if the key personnel would be willing to stay on with a new owner to continue growing the business. The asking price for this opportunity is $4 Million. If you would like to learn more, please contact us for a Confidentiality Agreement what will allow us to share more detailed information with you.