Last Revised: 9/4/19. Posting #: 251168
Key Words: hospice, health care, medical, los angeles
Financial Info: Price: $260,000. Down: $260,000. Adjusted Net: Call. Annual Revenues: Call. The agency has a base rent of $1,975/month. There is a lease in place that is scheduled to terminate this upcoming May 2019. This will be a cash transaction. The Seller is not willing to render a Seller Carryback.
Profile: We have a great opportunity to acquire a well-established Joint Commission Accredited Hospice near the City of Whittier (LA County). This agency has been in existence since 2015 with the agency maintaining a low census throughout and no adverse billing issues. The owner is looking at selling the agency due to time constraints related to a separate work-related venture. On this sale, the staff is aware of the sale.
The agency is situated in a 1,200 +/- square foot medical building with plenty of free parking and a monthly base rent of $1,975. There is a lease in place that is scheduled to terminate this upcoming May 2019.
The Hospice Agency currently has contracts set up with Medicare, Medi-Cal, the Regal Medical Group, Anthem Blue Cross and Lakeside Community IPA. Their next Joint Commission survey will be around October 2020.
This will be a cash transaction. The Seller is not willing to render a Seller Carryback.
Seller is open to short-term employment with the buyer to maintain consistency and assist the buyer with a smooth transition.
There are plenty of growth opportunities for strategic buyers and/or independent buyers.
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. Also, at this time we do not engage with or work with unlicensed finders and or unlicensed agents.
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Profile: Using my MBA and my perseverance, I will make things happen! I provide business brokerage niche services specializing in the hospice and home health care agency industry in the Los Angeles County or Ventura County areas. For either buying or selling assistance please phone or email me today.
Key Words: ralph santos, park regency, medical, medicare, medicaid, health maintenance organization, home health, hospice, certified home health aids, home health, in home care, rehabilitation, rehab, skilled nursing facilities, nursing, glendale, burbank, los angeles, ventura, riverside, santa clara, milpitas, la habra, orange, norwalk, moorpark, rancho cucamonga, pasadena, signal hill, paramount, west los angeles, van nuys, granada hills, stanton
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