Last Revised: 9/4/19. Posting #: 249976
Key Words: staffing, home health, hospice, medical, health care, los angeles, relocatable
Financial Info: Price: $500,000. Down: Call. Adjusted Net: $150,000. Annual Revenues: $1,600,000 (2018). Seller Financing is available for a qualified buyer. Offered terms are 50% down payment - payable over 6 months with an equity-rich property to be placed as collateral.
Profile: We have a unique opportunity to purchase one of the premier therapy staffing companies in Southern California. This agency has a proven track record with a large referral base which is aligned with a large professional staff that covers an enormous portion of Southern California.
The seller is selling due to their time being spent on a separate company and therefore they needed to make a choice of which direction to take.
This agency is completely relocatable since the owner, from its inception, had a vision of being able to work from any location and being able to encompass all of today's technology to their advantage. The current office space would not be included in the sale with the seller being on board with assisting the buyer with relocating the office.
The current base market for this agency is comprised by a large number of home health agencies and hospice agencies with the existing infrastructure very much conducive to creating relationships with hospitals, with skilled nursing facilities, with adult day health care facilities, with congregate living homes, with outpatient therapy clinics, with assisted living facilities and more! Furthermore, if the buyer wanted to create their own Medicare Part B and managed care contracts, this would create more revenue streams. To add more to the potential, the new buyer could start creating their own nursing registry as a part of the already existing systems, which would open up many more opportunities. Lots of potential with an already healthy business model in place.
The seller is willing to stay on board to provide hands-on training and to teach you how you can see per quarter growths in this industry.
There are plenty of growth opportunities for strategic buyers and/or independent buyers.
2018 Revenue: $1,600,000
Seller Financing is available for a qualified buyer. Offered terms are 50% down payment - payable over 6 months with an equity-rich property to be placed as collateral. Proof of funds will be required with all submitted NDAs. Since this is such a specific business, we will ask all potential buyers to have a face to face meeting with the seller. All financials will be disclosed during the face to face meeting. Limited information will be given over the phone.
Please Note: The seller is responsible for proving the accuracy of any information provided to the buyer's satisfaction. The information contained in this document is provided solely by the seller. No representations or warranties are provided by Park Regency Realty, its agents, representatives, or subsidiaries as to the accuracy, completeness or validity of such information. Interested parties are encouraged to seek the counsel of their accountant, attorney and/or other business advisors.
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Profile: Specializing in the sale of home health, hospice services, and home care companies throughout the United States. If you are trying to buy or sell a home health or hospice service please phone or email me for more information about my services. Thank You.
Key Words: home health, hospice, jason atty, home care
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