$900,000.00
Asking Price
Status: In Contract
Posting ID: 290750
2/20/25
Description
Home Health Agency for Sale in San Diego County – $900,000
This is a rare opportunity to acquire a well-established and fully accredited home health agency in San Diego County, California. The agency is accredited by ACHC and operates under a California LLC taxed as an S-Corporation. With an active census of approximately +/- 50 patients, the agency continues to thrive in a competitive market. It provides both intermittent and shift care services, including wound care and private duty, and is contracted with Medicare, Medi-Cal, TriCare (VA) and the Regional Center. The agency also boasts an organic marketing strategy that has yielded consistent patient referrals, and all staff members are cross trained for efficiency. *
The business is in a prime location with a lease of $8,000 per month in a 3,500-square-foot office, currently operating on a month-to-month basis. A buyer has the flexibility to relocate, potentially reducing operating costs. Unlike many home health agencies, this business does not fall under the 36-month Medicare rule and is not only restraint to Medicare only clients, allowing for a smoother transition of ownership. It utilizes Axxess EMR software and has no ADRs, liens, judgments, or past billing issues. Additionally, the business enjoys a strong reputation, low employee turnover, and a highly skilled staff willing to stay post-sale, including key employees. *
Financially, this agency is highly attractive. The 2022 revenue was $3,385,978 with an SDE of $763,769, while 2023 revenue reached $2,910,649 with an SDE of $873,181. For 2024 year-to-date, revenue is tracking at $1,786,448.90 with an SDE of $170,342.89. The decline in the revenue is attributed to the business decline in marketing. With strong referral sources and a committed staff, this business presents significant opportunities for further growth and expansion. *
The home health industry in San Diego County remains robust, with an increasing demand for quality home health services due to the region's aging population. Competition exists, but this agency’s strong infrastructure, diverse service offerings, and organic referral network provide a competitive edge. A motivated buyer can expand by enhancing marketing efforts, forming additional referral partnerships, and leveraging the agency’s existing infrastructure to capture a greater market share. *
Transition. The seller will assist with operational guidance, introductions to key referral sources, and assistance with licensing and accreditation continuity. *
This opportunity is ideal for a healthcare professional, or an experienced operator looking to enter or expand within the home health market. The seller will not entertain SBA 7(a) loans or seller financing and prefers an all-cash offer. However, all reasonable offers will be considered. *
Seller Preferences: (1) Possess healthcare experience, particularly in operating a home health business or similar agency, (2) 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.
* Buyer to verify due diligence.
To get more information about this Home Health Business - 50 Patient Census business for sale in San Diego 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 #290750 on BizBen.com. In addition to phoning Ralph Santos, make sure you email Ralph Santos above to get more info about this Home Health Business - 50 Patient Census, 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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Asking Price: $900,000.00
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Area: San Diego County
City: None Given
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