Home Health Agency – California LLC priced at $495,000! *

We have a Community Health Accreditation Partner (CHAP) accredited home health agency located in Northern California (Contra Costa County) that passed its CHAP RE-accreditation survey (June 25, 2022) which means that the agency has passed the 36-month rule allowing for a 100% ownership transfer.  The GSA includes Contra Costa County, Alameda County, San Francisco County, and Solano County.  The CDPH license expires on October 14, 2024. *

This business has many upsides!  The business does have a durable medical equipment (DME) license in place though the seller has never used it, but it will be part of the sale (listed on CDPH License).  The business also has contracts in place with many third-party managed care providers to include United Insurance, Blue Cross, Contra Costa Health Care, Alameda Health Care, Imperial Healthcare, Tricare and Medicare. *

LEASE.  The lease is currently $780.00 per month for a month-to-month term. The buyer can choose to stay at the same location or relocate the business. *

STAFF.  The seller believes that the existing staff will stay with the buyer and that their key employee will also stay with the buyer. *

CENSUS. As of the writing of this advertisement, the agency had +/- 10 patients.  We recommend that the buyer ask the seller about the current census at the buyer/seller initial meeting along with the retention of the existing patients. *

MOTIVATION. Both owners are looking at retiring and entering another phase of their lives to include spending more time with their families and loved ones. *

TRANSITION.  The buyer is willing to work with the seller during a transition period to allow the business operations to transfer as smoothly as possible. *

SBA LOAN. The seller will NOT be entertaining any SBA 7(a) loans. *

PRICING. This agency is being priced at the current market rate and it is not based on SDE or EBITDA. *

TERMS. The seller will entertain all reasonable offers. *

SOFTWARE. https://www.axxess.com/home-health-software/ *

SELLER PREFERS. (1) Buyer to have healthcare experience in operating a skilled home health agency and (2) Buyer to have the funds available to proceed with a transaction (proof of funds), (3) Buyer to have access to patient referral sources and to registered and licensed nurses. *

SELLER RECOMMENDS. (1) Buyer to have the ability to generate patient referrals, (2) Buyer to have the required professional team member(s), (3) a professional team member (i.e., Medicare Consultant, Accountant, Lawyer) to assist with the due diligence request/review. *

ALL potential buyers must: (1) Sign an NDA and (2) provide Proof of Funds. *

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 or Ralph Santos, 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.

Broker ID: MSHHS-X7485