Profitable Hospice in Sherman Oaks/Studio City

Los Angeles County, CA (Relocatable)

Seller Financing Available
Profitable Hospice in Sherman Oaks/Studio City
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Asking Price: Get Financing: $1,800,000

Cash Flow: $720,000

Gross Revenue: $1,800,000

EBITDA: N/A

FF&E: $50,000

Inventory: N/A

Lease Rate: $2,950 /Month

Established: 2013

Profitable Hospice in Sherman Oaks/Studio City

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Business Description

Great opportunity to invest and operate well established [founded in 2013] and profitable Hospice located in Sherman Oaks/Studio City area of Los Angeles County. Although census changes every week, this Hospice has average census of 30-35 patients. Monthly billing is about 150K [1.8M annual] and Net Profit [including owners/operators compensation] is about 60K [700K annual]. Well established referral relationships with LTCs, Boarding Care Facilities, RCFEs and private medical clinics. We are looking for a buyer who knows the hospice business and can bring additional patients to make it more profitable. Sellers may consider staying and training buyers on consulting basis for a reasonable amount of time. Great location, good lease terms.

Please call Alex Levitan – Pacific Business Brokers 818.640.8080, for more information.

Please note that financial statements will be presented to potential buyers only upon verification of liquid funds. Seller may consider carrying papers with substantial down payment and sufficient and verifiable collateral located in the United States.

Detailed Information

Real Estate:
Leased
Building SF:
1,400
Lease Expiration:
7/19/2023
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Financing Negotiable
Support & Training:
Training available
Reason for Selling:
Other business plans
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Contact the Seller

(from currently available funds)
 
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Alex Levitan

Business Listed By:
Alex Levitan

Pacific Business Advisors

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Sponsoring Broker:
Fred Mercuro

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