May 12, 2020 — COPD1A - $1.5 Million Home Care Agency Opportunity located in Central Colorado
Home Care Agency for sale based in Central Colorado. The company provides one-on-one non-skilled home care services to seniors and disabled adults. With a focus on truly personalized, consistent, and long-term care scenarios, their full range of services includes but is not limited to assistance with ADLs, medication reminders, transportation, companionship, safety oversight, dressing support, meal preparation, bathing assistance, and performance of household chores.
The company’s payer mix is 100% Private Pay. Annual gross revenues in 2018 were $1.2 Million with an adjusted EBITDA of nearly $110,000. In 2019, they are projected to reach $1.5 Million in revenue with an adjusted EBITDA of $150,000. Their current census is a total of 60 home care patients and 10 PRN clients and project an annual census of more than 160 by the end of 2019. All employees are expected to remain, the seller is open to exploring extended or ongoing employment or consulting opportunities with the right buyer.
The asking price for this opportunity is $900,000.
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