$425,000.00
Asking Price
Address: Glendale,
Status: Active
Posting ID: 292793
5/15/25
Description
Hospice Agency for Sale – Los Angeles, Ventura & Riverside Counties – $425,000 – CHAP
An exceptional opportunity is available to acquire a CHAP-accredited hospice agency operating as a California C-Corporation. The agency holds a valid license from the California Department of Public Health, expiring on June 30, 2025, and was most recently surveyed on December 15, 2023. It serves a broad Geographic Service Area encompassing Los Angeles, Ventura, and Riverside Counties. *
The agency is currently operating with a patient census of three, all of whom will transition with the sale. The business maintains a month-to-month lease at $1,700 per month, offering flexibility for relocation if desired. Included in the sale are all Furniture, Fixtures, and Equipment (FFE), ensuring a seamless transition for the new owner. *
This hospice agency is affiliated with major healthcare networks, including Kaiser Permanente, UCLA via Aidin, and Adventist Health. It benefits from a $300,000 CAP allowance and has no CAP liability. There are no liens, judgments, or debts associated with the business, and all taxes are current. The agency has experienced no billing issues and has no history of Additional Documentation Requests (ADRs). **
The existing staff, including key employees, are expected to remain post-sale, providing continuity in operations. The seller is willing to offer support and training after closing to ensure a smooth transition. *
Please note: This agency is not subject to the 36-month Medicare rule, which restricts changes in ownership within 36 months of initial Medicare certification. (Buyer to confirm). *
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
To get more information about this CHAP Hospice - 3 Patients, 300K CAP Allowance business for sale in Glendale please phone Ralph Santos (Intermediary, ProBuySell Member, Agent, Webinar Panel - BRE License #:02006120) at 818-731-7173 and 888-736-2911 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #292793 on BizBen.com. In addition to phoning Ralph Santos, make sure you email Ralph Santos above to get more info about this CHAP Hospice - 3 Patients, 300K CAP Allowance, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02006120. Healthcare Biz Brokers.
Contact
Phone: 818-731-7173 Phone: 888-736-2911 Details
Asking Price: $425,000.00
Down: Call/Email
Cash Flow: Call/Email
Revenue: Call/Email
Area: Glendale
City: Glendale
Attributes:
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