Loading…

For Sale: Hospice - Subchapter S Accredited - Norco, California

$1,200,000.00

Asking Price

  • Address: Norco,

Norco Hospice - Subchapter S Accredited Business For Sale

Description

Hospice Business for Sale - Riverside County, CA - $1,200,000

This established and accredited hospice agency in Riverside County presents a compelling opportunity for qualified buyers seeking entry into the lucrative end-of-life care market. The business is a California Subchapter S Corporation and has been accredited by CHAP, with its most recent accreditation valid from May 8, 2023, to May 8, 2026. The state licensing is currently expiring on October 3, 2025. The agency has a current patient census of 15-20 and maintains a strong foundation for continued operations with an experienced team that is willing to stay post-sale. *

The seller will not entertain SBA 7(a) loans or any seller financing options and prefers an all-cash offer. However, all reasonable offers will be considered. This hospice does not fall under the 36-month Medicare rule, which is a significant advantage for buyers looking to transition smoothly into ownership and begin operations without restrictions. *

The agency is equipped with Hospice MD as its EMR software, and the financials are in order, with taxes up to date and no outstanding liabilities. Past CAP repayment has been fully satisfied, and there are no current CAP liabilities. The business includes approximately $10,000 in furniture, fixtures, and equipment, along with an additional $5,000 in inventory value. The seller will be paying off an existing SBA loan as part of the sale, ensuring a clean transition for the new owner. **

This hospice agency operates with a VA contract (West LA), a strong book of business, and a seller-provided non-compete, adding further value to the transaction. The buyer will have the option to relocate the business if desired. Additionally, all existing staff, including key employees, are expected to stay on board post-sale, ensuring continuity of operations and patient care. *

Seller Preferences: (1) Possess healthcare experience, particularly in operating a hospice 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 during due diligence

** A Third-Party CAP Analysis is recommended as part of the Buyer's Due Diligence

To get more information about this Hospice - Subchapter S Accredited business for sale in Norco 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 #287023 on BizBen.com. In addition to phoning Ralph Santos, make sure you email Ralph Santos above to get more info about this Hospice - Subchapter S Accredited, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02006120. Healthcare Biz Brokers.

Show more

Contact

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

Details

  1. Asking Price: $1,200,000.00

  2. Down: $1,200,000.00

  3. Cash Flow: Call/Email

  4. Revenue:    $684,000.00

  1. Area: Norco

  2. City: Norco

  1. Attributes:

    Broker CooperationTraining & SupportRelocatableLicense (Liquor, etc.)

My Notes About This Listing

1000 Character Limit. Write notes about this posting above. Just a reminder, your changes are not saved until you click the Save My Changes button.
Related Links & Information Regarding This Posting

Email Ralph Santos Below About This Posting


Today’s Featured Businesses, Franchises, Opportunities For Sale On BizBen

Featured Resources, Advisors, & Intermediaries

Popular Blog Posts & Articles On BizBen Today

Popular Discussion Posts On BizBen Today