CHAP Hospice - Strong Historical Revenue

Southern California CHAP-Accredited Hospice | Past 36-Month Rule | No CAP Liability | All-Cash Only
This is a rare opportunity to acquire a fully licensed, CHAP-accredited hospice agency with a GSA spanning across Los Angeles, Orange, Ventura, San Bernardino, and Riverside Counties. Established as a California C-Corporation, this agency operates from a professional 952 sq. ft. space leased annually for $1,983 per month. The lease resets each May and is relocatable with a CHOL. *
The hospice is not subject to the 36-month Medicare rule, as shares were transferred in April 2022 and the entity has since filed two full consecutive cost reports (Buyer to verify). The current census is zero (0) as of July 2024, with final billing occurring in February 2025. This business is clean of any CAP liability and has no liens or outstanding debt. All ADRs have been resolved, with one set each in April 2023 and April 2024, both tied to Election Statement documentation and handled under the TPE process. **
The seller reports impressive historical revenue: $443,150 in 2022, $3,093,395 in 2023, and $1,930,867 in 2024, showcasing this business’s operational capacity and referral network strength during its peak performance period. While the current census is zero, this agency is structurally sound, with HospiceMD as the active EMR and no outstanding tax liabilities or staffing issues. There are no employees staying post-closing, and no key personnel remaining. *
Included in the sale is furniture, fixtures, and equipment valued between $3,000 and $5,000. Inventory is not applicable. The agency's clean operations history and its well-established licensing and compliance posture make it a compelling acquisition for operators seeking a fast-track entry or regional expansion within the Southern California hospice market. *
Seller Preferences:
(1) Possess healthcare experience, particularly in operating a hospice or similar agency,
(2) Can provide verifiable proof of funds for the transaction, and
(3) Have access to patient referral sources and a network of licensed healthcare professionals.
Seller Recommendations:
(1) Buyer should possess the capability to generate patient referrals,
(2) Buyer should have access to the necessary professional team members,
(3) It is advised that the buyer engages a professional team (e.g., Medicare Consultant, Accountant, Attorney) to assist with due diligence and review processes.
Buyer Requirements:
(1) All prospective buyers must sign a Non-Disclosure Agreement (NDA) and
(2) Proof of Funds is required from all potential buyers.
Due Diligence:
Any in-depth due diligence beyond the Confidential Information Memorandum (CIM) will require the Buyer to submit either a Letter of Intent (LOI) or a Purchase Agreement.
Disclaimer:
The seller is solely responsible for the accuracy of any information provided. Healthcare Biz Brokers, its agents, representatives, or subsidiaries make no representations or warranties regarding the accuracy, completeness, or validity of the information shared. Buyers are strongly encouraged to seek advice from their professional advisors (e.g., accountant, attorney, Medicare consultants) and to conduct their own due diligence for verification purposes. If any agreements, contracts, or legal documents are shared with a buyer or seller party, it is the sole responsibility of each respective party to review and seek independent legal counsel before signing any document. Healthcare Biz Brokers, Inc. does not provide legal interpretations, enforceability opinions, or transactional guarantees regarding any document shared during the transaction process.
*Buyer to verify due diligence.
**A Third-Party CAP Analysis is recommended as part of the Buyer's Due Diligence.