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For Sale: Home Health Agency - FFE Included - Winnetka, Los Angeles County

  • Address: Winnetka

  • Status: In Escrow

  • Posting ID: 273813

  • 8/29/22

$340,000

Asking Price

Description

We have an Accreditation Commission for Healthcare (ACHC) certified home health agency that is currently billing. The agency was begun in November 2015 and it received its initial California Department of Public Health (CDPH) license in December 2017. The agency's ACHC certification is active from June 2021 to June 2024.

Census: At the time of this posting, the agency has a total of one (1) active Medicare-insured patient and eleven (11) privately insured patients who will stay as part of the sale.

Motivation: The corporation and agency are owned by one person with the owner opting to pursue her role in education.

Staff: The Buyer will need to bring in their own office and clinical team. The Seller will assist with sharing resources as a part of the transition. There is one key office employee that will stay with the Buyer during the transition.

Lease: The agency is currently near the city of Winnetka (Los Angeles County) with the current lease being $2040 per month situated in an 800-square-foot office space with the lease expiring in August of 2023. The Seller will negotiate the sale price if the Buyer will maintain the business in its current location until the lease expiration date.

Billing. This agency is clean with no ADRs or the like. It would be encouraged for the buyer as a part of their due diligence to bring in a biller to check the DDE screen to confirm the billing status.

Software: The agency is currently working with Data Soft Logic (DSL).

FFE: All FFE is included in the sale of the agency.

Liens/Judgements: 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.

Terms: This listing is not open to financing options (no seller financing). This is a cash-only listing. If Buyer opts to use an escrow, Buyer to assume all escrow costs.

The business entity for sale includes fixed operating assets, inventory, and goodwill, and excludes cash, accounts receivable, prepaid expenses, and is free and clear of all debt.

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.

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 - FFE Included business for sale in Winnetka, Los Angeles County 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 #273813 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 - FFE Included, 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: 818-731-7173
  3. Phone: 888-736-2911

Details

  1. Asking Price: $340,000

  2. Down: $340,000

  3. Cash Flow: Call / Email

  4. Revenue:   Call / Email

  1. Area: Winnetka, Los Angeles County

  2. City: Winnetka

  1. Attributes:

    Training & Support

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