Hospice for Sale Servicing Orange and Los Angeles Counties in California
For Sale in CA
Financial & Assets Details
About the Business
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.