$400,000.00
Asking Price
Address: Chatsworth,
Status: Active
Posting ID: 289389
11/14/24
Description
For Sale: Established Hospice Agency in California
Asking Price: $400,000 (All Cash Offers Preferred)
This is a prime opportunity to acquire a well-established hospice agency located in LA County, with a reputation for high-quality care and a stable patient census. The business is fully accredited by the Accreditation Commission for Health Care (ACHC), with a recent survey conducted on March 28, 2024. The agency is licensed by the state of California and operates under a California C-Corporation structure. *
Accreditation: ACHC accreditation, with the most recent survey conducted in March 2024. *
Licensing: Current state Department of Health license valid until June 28, 2025. *
No 36-Month Medicare Rule: This agency does not fall under the 36-month rule, allowing more flexibility and growth potential. *
Current Census: 5 patients, with census not staying with the buyer. *
EMR System: The agency uses DSL as its electronic medical record software. *
FF&E: The business includes $2,500 worth of Furniture, Fixtures & Equipment (FFE) in the sale. *
Lease: The agency operates on a month-to-month lease at a monthly rent of $1,300. *
Relocation: The business is relocatable to another facility if desired. *
No Liens or Debt: The business is free of any liens, judgments, or debt. **
Why This is a Great Opportunity:
This hospice agency provides an immediate income stream with the potential for future growth. The agency has established a strong reputation in its service area, and its current patient census will not transition with the sale. The agency’s license and accreditation are current, and with no debt or financial encumbrances, the buyer can focus on growing the business. *
Seller’s Reason for Selling:
The seller is selling the business to focus on other hospice ventures and is committed to assisting the buyer in a smooth transition. *
Buyer Considerations:
The seller is looking for an all-cash offer and will not entertain SBA loans or seller financing. *
Proof of funds will be required for all potential buyers. *
The ideal buyer should have healthcare experience and be familiar with operating hospice or similar healthcare agencies. *
Seller Preferences:
(1) Possess healthcare experience, particularly in operating a hospice or similar agency, (2) Can provide verifiable proof of funds for the transaction, (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 engage 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), (2) Proof of funds is required from all potential buyers.
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.
*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 Established Hospice - No 36 Month Rule business for sale in Chatsworth 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 #289389 on BizBen.com. In addition to phoning Ralph Santos, make sure you email Ralph Santos above to get more info about this Established Hospice - No 36 Month Rule, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02006120. Healthcare Biz Brokers.
Contact
Details
Asking Price: $400,000.00
Down: $400,000.00
Cash Flow: Call/Email
Revenue: Call/Email
Area: Chatsworth
City: Chatsworth
Attributes:
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