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Hospice for Sale Servicing Orange and Los Angeles Counties in California

For Sale in CA

Listing ID: CAHP1R | Broker Listing ID:

Financial & Assets Details

$1,700,000

About the Business

2014

Business Description

All Buyers - Individual(s) or Corporation(s)
Must Provide Resume(s), Proof of Net-Worth, and/or Revenues, Proof of Funds to make the Purchase, and Purchase Plan.
All Buyers are Introduced to the Seller based on the Buyer submission of Information. Approval Granted by the Seller, to the Buyer to Review the Offering Book in Detail.
It is expressed that American Healthcare Capital Does NOT Advise Sellers or Buyers to engage another party with no experience in the Healthcare Industry and/or other industry; and rejects potential sellers or buyers based on lack of industry knowledge a factor in qualification of any seller and/or buyer engagement.
QUALIFIES FOR SBA FINANCING INQUIRE

Growth & Expansion

The company’s business is 98% Medicare and 2% Medicaid/private pay funded. The company started billing in 2015. Gross revenues are currently on pace to exceed $1.7 Million by the end of 2017. Their current average daily census is 30 patients with an average length of stay of 60 days, which is well below industry standards. The company has been actively marketing the business and anticipates that both census and revenue will continue to exhibit positive growth trends.

Market Competition:

I am pleased to introduce a Joint Commission accredited, Medicare certified hospice agency for sale in Southern California. The company has been in business for 3 years. The agency is licensed to cover a 60 mile radius of their home office however they currently serve the following counties; Orange County, Los Angeles, Riverside and San Bernardino.

Location Details:

Orange and Los Angeles Counties in California

Support & Training

The staff is expected to stay on with the new owner. The asking price for this opportunity is $1.5 Million.

Listing ID: CAHP1R

Contact Broker

American Healthcare Capital ahcteam.com Listings: 103(310) 437-4422 View My Listings

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