Last Revised: 9/4/19. Posting #: 246484
Key Words: hospice, health care, medical, burbank, los angeles, relocatable
Financial Info: Price: $250,000. Down: $250,000. Adjusted Net: Call. Annual Revenues: Call. Seller Financing is not available.
Profile: This is an opportunity to purchase an hospice agency in the City of Burbank (Los Angeles County). This agency was started 2011 and the agency is Joint Commission accredited. They have a positive standing with the Joint Commission and high rankings on the Hospice Compare website. There are no adverse billing issues and no other red flags with this agency it is a clean agency.
The average census fluctuates from 15-20 active patients and yes they do have managed care contracts to include LA Care. The agency is running on a positive cash flow and this agency is truly a turnkey operation keeping in mind that the current owner will introduce the buyer to his referral sources (upon completion of escrow) and that the new buyer needs to come to the table with his/her own referral sources and to an extent his/her own staff as well.
Currently, the agency is located in a business plaza in Burbank, second floor, with plenty of free parking.
Seller is open to short-term employment with the buyer to maintain consistency and assist the buyer with smooth transition.
The motivation for the sale is that the current owner is running another healthcare company and they are unable to focus or keep their attention on this business.
There are plenty of growth opportunities for strategic buyers and/or independent buyers.
Revenue - Call
Seller Financing is not available.
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 us, 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.
Professional Resources & Contacts To Help You Close Your Deal!
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
Profile: William Bruce Business Sales & Acquisitions, LLC is a full service, national business brokerage and valuation firm for privately held businesses with special attention given to pricing, strategic marketing, successful negotiation and prompt closings, all while maintaining strict confidentiality.
Key Words: william bruce, american business brokers association, william bruce business sales & acquisitions, business broker, valuation, business valuation, medical, medical equipment, dealership, specialty trades, florence, lauderdale, gulf shores
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
View All Related Resources & Advisors For This Posting
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
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: When the time comes to sell your business, having a team of experienced professionals to represent you can make all the difference in the world as you work to successfully complete a business transaction. Jordan Green shares tips for hiring your most important professional, a business broker.
Key Words: selling a business, sellers, brokers, business brokers, seller representation, jordan green
Profile: The unfortunate side of buying and selling small businesses is that the majority of all transactions fall through, including over half of all deals that go into escrow. Jordan Green discusses the most common reasons that transactions fall out of escrow in this BizBenNetwork blog.
Key Words: jordan green, escrow, business owners, business buyers, buyers, sellers, contract deposits, taxes, business purchase financing, financing, landlord, landlords, lease, leases
Profile: Business sellers and brokers & intermediaries utilize disclaimers on postings to help protect themselves from potential liability during and after the sale of a business. Our Facilitators are asked frequently, "What is a good example of disclaimer text to utilize in a Posting?" We share examples.
Key Words: disclaimer, disclaimers
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Key Words: selling a business, seller, buyers, escrow, spencer siegel
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