Hospice Servicing Los Angeles County in California
For Sale in CA
Financial & Assets Details
About the Business
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
Their current average daily census is 40 patients, with an average length of stay of 97 days. They expect positive growth trends into 2018 while staying under CAP for the current year.
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 11 years. They are licensed to cover a 40 mile radius of their home office in Los Angeles County.
They are licensed to cover a 40 mile radius of their home office in Los Angeles County.
Support & Training
The staff is expected to stay on under new ownership and the seller would be willing to stay on for a transitional period as needed. The asking price for this opportunity is $1.5 Million.
Reason for Selling:
The company’s business is 84% Medicare, 14% Insurance/Private pay and 1% MediCal (Medicaid). Gross revenues have consistently been in the $3 Million range, reaching $3,1610,000 in 2017. Their current average daily census is 40 patients, with an average length of stay of 97 days. They expect positive growth trends into 2018 while staying under CAP for the current year.