State:
California
Category:
Hospice
Asking Price:
$700,000
Revenue:
$600,000
Company Overview
PRIME exits and American HealthCare Capital are pleased to exclusively introduce a hospice for sale in Los Angeles County, California. The company was established more than 20 years ago and was Medicare certified and Joint Commission accredited in 2003. Their service area covers the counties of Los Angeles, San Bernardino, Riverside, and Orange.
Financial Overview
The company’s business is predominantly Medicare (98%). They grossed over $570,000 in 2024 and expect to exceed $600,000 in 2025 with a current average daily census of 12 patients. They have no outstanding CAP liabilities and have not had any issues with exceeding CAP in the last 3 years. With a renewed marketing effort, a new owner could build upon the company’s current base of referrals and quickly grow the business.
Staff Overview
The seller is seeking retirement but will assist during a transitional period as needed. The rest of the staff is expected to stay on post-closing.
Asking Price
The asking price for this opportunity is $700,000, which excludes cash, receivables, and working capital.
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