$1.2 Million Hospice Servicing Los Angeles County in California

CA

$1.2 Million Hospice Servicing Los Angeles County in California
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Asking Price: $1,200,000

Cash Flow: N/A

Gross Revenue: $1,220,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

$1.2 Million Hospice Servicing Los Angeles County in California

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Business Description

American HealthCare Capital is pleased to introduce a Joint Commission accredited, Medicare certified hospice agency for sale in Southern California. The company has been in business for 11 years. They are licensed to cover a 40 mile radius from their home office in Los Angeles County.

The company’s business is 84% Medicare, 14% Insurance/Private pay and 1% MediCal (Medicaid). Gross revenues for 2018 are on track to be $1.22 Million with an adjusted EBITDA of $240,000. Their current average daily census is 30 patients, with an average length of stay of 97 days.

The seller would like to retire and would consider staying on for a short transition period. The staff is expected to stay on under new ownership. Management feels that a full time Marketing person would allow the company to significantly expand the market share.

The asking price for this opportunity is $1.2 Million.

Detailed Information

Business Website:
http://americanhealthcarecapital.com/listing/cahp1w/
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(from currently available funds)
 
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Irwin Frank

Business Listed By:
Irwin Frank

Irwin Frank

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