Company Overview

PRIME exits and American HealthCare Capital are pleased to introduce an award-winning, non-medical private pay home care agency located in the Dallas, Texas Metroplex area. Established approximately 10 years ago, the company is approved to serve patients in 14 counties. Their core services include Personal Care, Homemaking, and Companionship.

Financial Overview

The company grew from $1,897,273 in gross revenues in 2022 to $2,025,878 in 2023. In 2024, gross revenues increased further to $2,187,920, with an adjusted EBITDA of $468,505 (21.41%). Through February 2025, gross revenues were $308,753. The increase in gross revenues and profitability beginning in 2023 is attributed primarily to a rate increase that was implemented in January 2023.

The company’s payer mix is 90% Private Pay and 10% Long Term Care Insurance. The current average census is 75 patients, and there are currently 2 patients receiving 24/7 care. The company bills approximately 6,000 hours per month. The average bill rate is $26.50, and Caregivers are paid an average wage of $13.50 per hour.

Staff Overview

The current staff is expected to remain under new ownership. The owners intend to pursue other endeavors and will assist with a transition. There are existing employees who could replace the owners.

Asking Price

The asking price for the business opportunity is $2 million.