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For Sale: Home Health Agency - Skilled, Relocatable - Burbank, California

$235,000.00

Asking Price

  • Address: Burbank,

Burbank Home Health Agency - Skilled, Relocatable Business For Sale

Description

We have a skilled home health agency that is licensed and accredited that is currently operational and billing with no billing issues. This agency is located in Burbank (Los Angeles County) having received its CDPH License in August 2019 and its ACHC accreditation on June 2020. The agency will be past its 3-year CHOW rule in June 2023 which will make for a seamless transition.

LEASE: The agency is currently in a prime Burbank location surrounded by many eateries and retail shops. The seller would prefer for the buyer to relocate the agency.*

CENSUS: This agency has been operational for approximately 3 years with the total census peaking at approximately 20 patients. The reason for the low census is that the seller has been concentrating his efforts on another business. The biggest feature of this sale, aside from the 3-year rule, is that the agency has not had much billing. *

TRANSITION: The Seller will assist the Buyer will all of the required paperwork and guidance needed to understand the agency's existing infrastructure. *

LIENS/JUDGMENTS: The agency has no liens, or judgments against it; a UCC search will be done as a part of the escrow to verify this statement. *

CONSULTANT: The seller can provide the buyer with a list of qualified Medicare consultants that can help the new owner with a Change of Location (CHOL) (as applicable) and the Change of Ownership (CHOW) paperwork.*

This business is NOT a franchise. *

It is imperative that ALL potential buyers: (1) Sign an NDA, (2) provide Proof of Funds (redacted), (3) provide a Buyer Profile with a Buyer Representation for this one business and (4) understand that no direct communication with the clinical or administrative staff is expected as a part of the pre-due diligence phase of the sale.

Cooperating Brokers/Agents: We will establish a Co-Op Agreement with licensees, though we do request for all inquiring cooperating licensees to have healthcare business sales experience and knowledge.

Please Note: The seller is responsible for proving the accuracy of any information provided to the buyer's satisfaction. Information contained in this document is provided solely by the seller. No representations or warranties are provided by Healthcare Biz Brokers, its agents, representatives, or subsidiaries as to the accuracy, completeness, or validity of such information. Interested parties are encouraged to seek the counsel of their accountant, attorney, Medicare consultants, medical billers, medical coders, experienced clinicians, and/or other business advisors. Healthcare Biz Brokers does not work with non-licensed buyer representatives (i.e., finders). Buyers seeking this business opportunity will be responsible for any commissions sought by their buyer representative. Buyers seeking a partnership agreement, an earn-out agreement, or another hybrid acquisition strategy are required to disclose this material fact prior to proceeding with this business opportunity.

*Buyer to verify during due diligence.

To get more information about this Home Health Agency - Skilled, Relocatable business for sale in Burbank 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 #278899 on BizBen.com. In addition to phoning Ralph Santos, make sure you email Ralph Santos above to get more info about this Home Health Agency - Skilled, Relocatable, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02006120. Healthcare Biz Brokers.

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Contact

  1. Name: Ralph Santos
  2. phone iconPhone: 818-731-7173
  3. phone iconPhone: 888-736-2911

Details

  1. Asking Price: $235,000.00

  2. Down: Call/Email

  3. Cash Flow: Call/Email

  4. Revenue:    Call/Email

  1. Area: Burbank

  2. City: Burbank

  1. Attributes:

    Training & SupportRelocatable

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Related Links & Information Regarding This Posting

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