Apr 11, 2020 — COST1A - $2 Million Medical Staffing Company located in Colorado
Medical staffing company for sale in Colorado. The company provides RN’s, LPN’s and LVN’s, CNA’s and other caregivers to memory care, assisted living, and all other types of long term care facilities throughout Colorado.
The company has contracts with 13 facilities that pay the company directly. Gross collected revenues have increased dramatically in the last year, as the company has gained traction and critical mass in 2018, and they have projections for continued growth. Gross revenues were $1,176,282 in 2018 with a net income of $150,717 (12.8%). For 2019, they are on track for gross revenues of $2 million with an unadjusted EBITDA of $500,000(25%).
The company contracts with about 50 nurses and other caregivers who are all available to continue under new ownership. The owner is the sole employee of the company and is willing to assist during a transitional period as needed.
The asking price for this opportunity is $2 million.
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