$1 Million Hospice Agency Located in Mississippi

MS

$1 Million Hospice Agency Located in Mississippi

Asking Price:$1,000,000

Cash Flow:N/A

Gross Revenue:$1,200,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Lease Rate/Sq. Ft.:N/A

Established:2009

$1 Million Hospice Agency Located in Mississippi

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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.

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Facilities:
I am pleased to introduce a Medicare and Medicaid certified hospice agency for sale in Mississippi. The company has been in business for over 7 years and has been Medicare certified since 2010. Their service area covers 14 counties within a 50-mile radius from their home office.
Competition:
The company’s payer mix is primarily Medicare driven but they also accept Medicaid and private insurance. The company grossed $2 Million in 2013, $1.3 Million in 2014, $1.2 Million in 2015 and are on track to gross approximately the same in 2016. Their current census is 21 patients with an average of 4-7 new admissions per month. The company has been actively marketing the business and anticipates positive growth trends.
Growth & Expansion:
Their current census is 21 patients with an average of 4-7 new admissions per month. The company has been actively marketing the business and anticipates positive growth trends.
Financing:
NO
Support & Training:
The staff is expected to stay on under new ownership, and the sellers would be willing to assist during a short transitional period, as they are looking to pursue other business opportunities.
Reason for Selling:
Other business ventures
Business Website:
http://americanhealthcarecapital.com/listing/mshp1c/

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Clarke Roberts

Business Listed By:
Clarke Roberts

American HealthCare Capital

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