Medicare Certified Hospice for sale in Los Angeles County, California

Los Angeles County, CA

Medicare Certified Hospice for sale in Los Angeles County, California

Asking Price:$450,000

Cash Flow:N/A

Gross Revenue:$735,000

EBITDA:$115,000

FF&E:N/A

Inventory:N/A

Established:2012

Medicare Certified Hospice for sale in Los Angeles County, California

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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

Facilities:
I am pleased to introduce a Medicare hospice agency for sale in Los Angeles County, California. The company has been in business for over 4 years. They are currently licensed to cover a 60 mile radius from their office.
Competition:
The company’s payer mix is approximately 65% MediCal (Medicaid) and 45% Medicare. Gross revenues were $735,000 in 2015 with an adjusted EBITDA of $117,000. They are projected to gross at least $750,000 in 2016 with an average census of 10-15 patients. The company has a below average length of stay and no cap liabilities.
Growth & Expansion:
The company has a below average length of stay and no cap liabilities.
Financing:
No
Support & Training:
The sellers would like to pursue other business ventures but will accommodate a transitional period as needed. The rest of the staff are available to stay on with a new owner.
Reason for Selling:
other endeavors
Business Website:
http://americanhealthcarecapital.com/listing/cahp1g/

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Clarke Roberts

Business Listed By:
Clarke Roberts

American HealthCare Capital

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