• Landline:512-347-2000

Texas-Based Licensed Provider of Home Care Services

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Specifications
EBITDA243000
Revenue5771000
Client CodeVEN5290
EBITDA Range under-250K
Revenue Range 5M-10M
Sector Care,-Health-and-Medical
Region Southwest-US
Deal Structure Open
HeadquartersRio Grande Valley, Texas
Description

The business provides licensed personal home care to children, elderly or disabled patients in Southern Texas

Key aspects
• Fully licensed HCSSA Provider in Texas
• Enrolled as a provider with Medicaid and Medicare government program
• In-network for every Medicaid-partnered Health Maintenance Organization (HMO) in the region
• Quickly growing client base, with the business currently providing services for over 400 patients
• Potential for one entity to relocate anywhere in Texas
• Successful retention of over 400 employees in an industry experiencing intense competition

Opportunities
• Acquisition of additional licensing in order to expand service area to include other nearby counties
• Increase brand awareness through a comprehensive advertising campaign targeting the baby boomer population
• Expand service offerings and revenue to include professional medical assistance with registered nurses

Headquartered
Rio Grande Valley, Texas

Current markets
The business primarily serves the children, elderly and disabled population receiving Medicaid and Medicare benefits residing in the Texas counties of Hidalgo, Willacy, and Cameron.

Real estate
The business operates from a 2,200 square-foot facility in that is leased from a related asset holding company. It will be available for lease at a negotiable rate.

Shareholder/Owner objectives
The owner is preparing for retirement and is seeking a full sale of the business. Ownership is open to a variety of deal structures and is willing to stay on for a reasonable amount of time to ensure a smooth transition.

 

Year end
12/31/2018
Internal
$’000
12/31/2017
Internal
$’000
12/31/2016
Internal
$’000
12/31/2015
Internal
$’000
Revenue 5,771 4,964 5,131 4,729
Gross Profit 1,270 1,258 1,321 1,182
Adj. EBITDA* 243 425 514 478

* Earnings before interest, tax, depreciation and amortization (non-cash items)