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Rancho Mirage, Riverside County, California
Asking Price
$1,080,000
Revenue
$900,000
Down
Call/Email
Cash Flow
Call/Email
Name: Michelle London, MBA, CPA, MiCP
Phone: Show phone number
Name
Michelle London, MBA, CPA, MiCP
Phone
Show phone number
Posting ID:
290280
Attributes:
Broker Cooperation
License (Liquor, etc.)
Real Estate Included
Training And Support
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Offered at $1,200,000, this fully licensed and CHAP-accredited hospice agency serves Los Angeles and Orange County from its Riverside County office. The agency maintains a current patient census of 15–20, supported by an experienced team and key leadership who will remain post-closing to ensure operational continuity. The agency utilizes Hospice MD EMR for clinical and administrative efficiency and holds a VA contract (West LA) along with a strong book of business that will transfer to the new owner. * There are no active ADRs, no CAP liabilities, no liens, no judgments, and no employee issues. A past CAP repayment has been paid in full. The business includes approximately $10,000 in furniture, fixtures, and equipment, along with $5,000 in inventory. All taxes are current, and there have been no billing issues. ** This agency does not fall under the Medicare 36-Month Rule, meaning any buyer does not need to account for the regulatory requirement. The office is relocatable, offering operational flexibility. * The seller will provide transition assistance, ensuring a smooth handoff, staff retention, and uninterrupted patient care. This is a turnkey acquisition for an operator seeking a strong foothold in two of Southern California’s most competitive hospice markets. * The seller will not entertain SBA 7(a) loans or seller financing. All-cash offers are preferred, and all reasonable offers will be considered. * 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 engage 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. If any agreements, contracts, or legal documents are shared with a buyer or seller party, it is the sole responsibility of each respective party to review and seek independent legal counsel before signing any document. Healthcare Biz Brokers, Inc. does not provide legal interpretations, enforceability opinions, or transactional guarantees regarding any document shared during the transaction process. * Buyer to verify during Due Diligence ** It is recommended that the Buyer initiate further due diligence regarding any outstanding debt, with particular emphasis on the Medicare CAP, by engaging a third-party to perform a comprehensive CAP Analysis party.

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This Palm Springs based home health services company is among the best home health care (HHC) agencies in Southern California. This agency, with Department of Public Health, Medicare and Medi-Cal provider numbers, and contracts with insurance companies (United Healthcare, SouthEast Medical Services, Reliance Hospice, MyNEXUS, IEHP, Healthnet, Anthem Blue Cross of California, 4yourchoice, Kaiser Permanente), is professionally run and has been operational since 2002. The agency offers skilled nursing care, physical therapy, speech therapy, occupational therapy, social work and nursing aid at patient’s homes. The current census is 132, which is normal during the summer. It typically increases to 200-250 patients. This is the example of how home health care agencies should operate. This facility leases for $2,200 per month on a lease until 2026. All of the agency’s furniture, fixtures, equipment, permits and licenses, and company auto will be included in the sale. The Palm Springs home health care market is highly competitive, and features a variety of providers who offer a broad spectrum of services such as skilled nursing, physical therapy, occupational therapy, and medical social services. Major players include locally-focused agencies as well as larger regional or national organizations, with each striving to differentiate themselves through personalized care plans, advanced medical technology, and highly trained staff. Expansion opportunities include leveraging advanced medical technologies, broadening the service offering, and forming strategic partnerships with local healthcare facilities. By maintaining a reputation for excellence and adapting to evolving patient needs, there is ample opportunity for new management to increase market share and to experience long-term growth.

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