Feb 25, 2019 — TXPD1N - $1.6 Million Private Duty Home Care Agency Serving the Greater Dallas/Fort Worth, Texas Area
Private duty home care agency for sale in the Dallas/Fort Worth, Texas area. The company has been in business since 2005 providing non-skilled home care services at the home care aide/nursing aide level. This clean agency has an impeccable record with its state licensing agency and won multiple awards. They service a 19 county area.
The company’s business is 100% private pay. Gross revenues have been in the $1.6 million range over the last few years, and they had an adjusted EBITDA of $233,662 in 2018. They are currently trending to do the same or better in 2019. Their average daily census is 35 clients, with 25% of them receiving 24 hour care. Although the focus has been on stable revenues, the seller feels there is ample opportunity for growth.
The staff is expected to stay on under new ownership, including a pool of 65 contracted caregivers. Additionally, the seller will assist a new owner during a transitional period.
The asking price for this opportunity is $610,000.
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