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For Sale: ACHC Hospice Service - Relocatable - Los Angeles County

  • Status: Off The Market

  • Posting ID: 271407

$250,000

Asking Price

Los Angeles County ACHC Hospice Service - Relocatable Business For Sale

Status Of This Posting

NOTE: This BizBen Posting #271407 ACHC Hospice Service - Relocatable in Los Angeles County is currently INACTIVE Today (Either: It's In Escrow, It's Sold, or Is Off The Market Temporarily) - Please See Today's ACTIVE Postings below that match this posting's attributes. For your convenience there are also helpful links below to assist you in your search to buy or sell a small to mid-sized business that matches your criteria. Thank you for using BizBen.com.

Description

We have a hospice for sale that just passed its licensing phase and is ready for its certification. This business is currently working with the Accreditation Commission for Health Care (ACHC).

The geographical service area includes Los Angeles County, Orange County, Ventura County, San Bernardino County, Riverside County, San Diego County, Imperial County, Inyo County, Santa Barbara County, Tulare County, Kings County, Kern County, Fresno County, San Luis Obispo County, and Madera County.*

Motivation: The motivation for the sale is that the seller is looking toward another business venture.*

Relocation: This business is in Los Angeles County (San Fernando Valley) with the license having the flexibility to be relocated to another county. Buyer to confirm with CDPH, NGS, CMS, ACHC, and their professional third-party consultant.*

Fees: The seller has paid the initial ACHC fees with the buyer to take over the remaining certification fees with ACHC.*

FFE: None at this time.*

Software: The agency currently has no software platform, which means that you will be able to choose the software that best suits your needs.*

Corporation: The Corporation's standing is good with the Secretary of State and with the Franchise Tax Board. All corporate and compliance information would need to be verified via the buyer's due diligence.*

Lease: The buyer can choose to maintain the current office or via a CHOL relocate the business.*

Billing. This is a new facility with no prior billing. *

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

Census: No census.*

This listing is not open to financing options. This is a cash-only listing.

Consultant: 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.

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. Bill CA AB2673 (https://legiscan.com/CA/text/AB2673/2021) *

COVID Precautions: For all face-to-face meetings we ask all parties wear a mask, stay at least 6-feet from one another, to self-monitor for signs and symptoms like the flu, to clean your hands with soap and water for 20 seconds or to use a hand sanitizer that contains at least 60% alcohol. All parties who voluntarily choose to schedule a face-to-face meeting assume the risk of contracting COVID. If you tested positive for COVID and are asymptomatic, we ask for full disclosure.

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 counsel from 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.

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Details

  1. Asking Price: $250,000

  2. Down: $250,000

  3. Cash Flow: Call/Email

  4. Revenue:   Call/Email

  1. Area: Los Angeles County

  2. City: None Given

  1. Attributes:

    Training & SupportRelocatable

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