No photo available

Details

TXPD1T - $1 Million Revenue Private Pay Home Care Agency in Lubbock County, Texas

Our firm is pleased to introduce a Private Pay Home Care agency located in Lubbock County, Texas, which is in the northwest part of the state. Established in 2018, the company serves a 60-mile radius from their office location. The agency is licensed as a PAS (Personal Assistance Services) provider, and their core services include Personal Care, Homemaking, and Companionship.

The company’s payer mix is 100% private pay. The company has demonstrated steady growth in the last several years, growing from $378,289 gross revenues in 2019 (their first full year of operation), to $831,775 in 2020, to $971,455 in 2021 with an adjusted EBITDA of $159,807 (16.5%). The average daily census is 40 patients, and the seller feels there is significant room for growth through increased marketing. The staff is expected to stay on under new ownership. The owner intends to pursue other

endeavors but will assist with a transition, and there is an existing employee who could replace the owner.

The asking price for the business opportunity is $1 million.

Learn More

Sign up for a free membership. Get instant access to thousands of listings. Learn about our membership plans.

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.