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For Sale: Hospice Agency - Relocatable - Glendale, Los Angeles

  • Address: Glendale

  • Status: Off The Market

  • Posting ID: 275356

$160,000

Asking Price

Description

We have a hospice license (not a provider number) for sale which is located in Glendale (Los Angeles County) with the agency having had its initial licensing in October of 2021. *

LEASE. The agency is currently located in a large office suite with a $1,600 per month rent on a month-to-month term. Buyer will have the option of relocating the agency or creating a new lease in its current location. *

FFE: None at this time.

BILLING. This is a hospice license with no prior billing. *

EMPLOYEES. There are no employees at this time. No history of employees. *

CENSUS. This is a brand-new agency with no census, no prior billing. *

MOTIVATION: The motivation for the sale is that the seller is looking towards another business venture.

This business is NOT a franchise.

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 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.

LEGISLATION. As of the posting of this business opportunity Senate Bill #664 was approved which now places a moratorium on the licensing of new hospice agencies in California beginning January 1, 2022. This only means that existing hospices and newly formed hospices, such as this one, will be valued at a higher market price in the near future.

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 Hospice Agency - Relocatable business for sale in Glendale, Los Angeles 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 #275356 on BizBen.com. In addition to phoning Ralph Santos, make sure you email Ralph Santos above to get more info about this Hospice Agency - Relocatable, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02006120.

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Contact

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

Details

  1. Asking Price: $160,000

  2. Down: $160,000

  3. Cash Flow: Call / Email

  4. Revenue:   Call / Email

  1. Area: Glendale, Los Angeles

  2. City: Glendale

  1. Attributes:

    Training & SupportRelocatable

Related Links & Information Regarding This Posting

Email Ralph Santos Below About This Posting

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