Listing ID : 427477
Listed On February 16, 2024 68
Listing Updated February 16, 2024
If you are looking for a skilled Home Health Agency in Orange County, we have your next home health agency!
Our agency is centrally located in Orange County with a historically LOW census AND the agency is being done with its three-year CHOW rule! *
The agency is owned by an RN who is willing to work with the Buyer during the transition. The agency does not have any billing issues including no ADRs. The owner obtained the agency’s initial CDPH licensing in December of 2015 with the ACHC accreditation status good until February 2026! *
LEASE. The agency is currently in a 300-square-foot office with a current lease of $500 per month. The buyer will have the option of relocating the agency to a new location or keeping the existing location. The seller will be leaving the FFE in the current location as part of the sale. *
CENSUS. At the time of the listing, the seller has +/-5 active patients. *
MANAGED CARE CONTRACTS: The agency has managed care contracts, which include: Cal Optima, Humana, and Blue Shield. *
SOFTWARE. The agency is currently using Data Soft Logic as its software platform. *
MOTIVATION. The motivation for the sale is that the Seller would like to focus more of his efforts in his role in academia and with his consulting. *
This business is NOT a franchise. *
TERMS. This listing is not open to financing options (no seller financing). This is a cash-only listing. If the Buyer opts to use an escrow, the Buyer assumes all escrow costs.
TRANSITION. The Seller will assist the Buyer will all of the required paperwork and guidance needed to understand the agency’s existing infrastructure.
LIENS/JUDGEMENTS. The seller discloses that to the best of their knowledge, the business has no liens, or judgments against it. It is highly recommended to all buyers to conduct a UCC1 search, and background search on the seller(s), and obtain a good entity standing certificate as part of their due diligence. *
CONSULTANT. The seller can provide the buyer with a list of qualified Medicare consultants that can help the new owner with a Change of Location (CHOL) (as applicable) and the Change of Ownership (CHOW) paperwork.
ALL potential buyers must: (1) Sign an NDA, (2) provide Proof of Funds (redacted), (3) provide a Buyer Profile with a Buyer Representation for this one business and (4) understand that no direct communication with the Seller or the clinical or administrative staff is expected as a part of the pre-due diligence phase of the sale.
COOPERATING BROKERS/AGENTS. We will establish a Co-Op Agreement with licensees, though we do request for all inquiring cooperating licensees to have healthcare business sales experience and knowledge.
DISCLAIMER. The seller is responsible for proving the accuracy of any information provided to the buyer’s satisfaction. Information contained in this document is provided solely by the seller. No representations or warranties are provided by Healthcare Biz Brokers, its agents, representatives, or subsidiaries as to the accuracy, completeness or validity of such information. Interested parties are encouraged to seek counsel from their accountant, attorney, Medicare consultants, medical billers, medical coders, experienced clinicians, and/or other business advisors.
*Buyer to verify during due diligence
Contact Listing Owner
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