$8.2 Million Revenue I/DD Group Home and Home Health Provider in
Florida.
Company Overview
Ensure Capital is pleased to exclusively introduce an I/DD group home and home
health provider for sale in Florida. The company provides residential support to
individuals with
developmental and/or intellectual disabilities. They also provide 24-hour
nursing care with the
ability to provide the same level of care as an Intermediate Care Facility. The
Group Homes are
licensed by Florida’s Agency for Persons with Disabilities. The home health
company is licensed
and accredited by Florida’s Agency for Health Care Administration (AHCA).
Financial Overview
The company derives 100% of its revenue from Medicaid. Gross revenues have
increased every
year. The combined companies grossed $2,992,123 in 2022 and grew to $6,319,155
in 2023.
They finished 2024 with $8,264,832 in gross revenue with a combined adjusted
EBITDA of
$1,843,671. The current combined run rate for 2025 is $9.85 million in gross
revenue with a
projected adjusted EBITDA of $3 million.
Staff Overview
There is a full complement of staff in place including an Executive team that is
expected to stay
on under new ownership. The owners are willing to assist during an agreed upon
transitional
period.
Asking Price
The asking price for this opportunity is $12 Million, which does not include
cash, receivables,
working capital, or real estate.
James McGeehan 404-995-6201
