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Clean Operating Orange County Home Health

Orange County, CA, USA
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Businesses For Sale | Home Health Care Companies For Sale

Listing ID : 427480

Posted on February 16, 2024 View Count 25

Price :
$400,000
Business Financials & Assets :
Inventory Included:
No
Furniture, Fixtures & Equipment (FF&E) Included:
No
Outstanding Liabilities & Debts:
No
Property Details :
Business Details :
Absentee Owner:
No
Business Can Be Moved:
Yes
License Included:
Yes
Competition:
Overall, the combination of demographic trends, shifting healthcare preferences, technological advancements, and policy changes suggests that home health services are likely to be in demand in California in the near future. Meeting this demand will require ongoing investment in workforce development, technology infrastructure, and care delivery models that support home-based care.
Growth and Expansion Opportunities:
California has a large and rapidly growing aging population, which presents a significant opportunity for expansion in the home health market. As more Californians age and require healthcare services, there will be increased demand for home-based care to support aging in place and manage chronic conditions.
Terms :
NDA Required:
Yes
Broker Co-Op:
No
Support & Training Offered:
Ongoing Support and Mentorship: The seller will offer ongoing support and mentorship to the buyer, particularly during the initial stages of ownership. This may include regular check-ins, access to experienced mentors or consultants, and opportunities for continuing education and professional development.
Equipment Specifications :
Company Overview :
Franchise Overview :
Description :

We have a unique opportunity to acquire an operating and ready to continue billing skilled home health agency in Orange County! *

This agency comes to the marketplace with a historically low census which is ideal for an incoming operator. *

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 May of 2020 with the ACHC accreditation status good until February 2025! *

MOTIVATION.  The motivation for the sale is that the Seller would like to slow down in their lives. *

TRANSITION. The owner operators understand the mechanics of running the day-to-day operations of the home health agency and they are willing to work with the buyer for a negotiated period of time during which training, and assistance will be provided. *

LEASE. The lease is currently $975.00 per month, utilities are paid separately by the agency owner.  Agency has an active lease in place for one year, expiring in August 2024.  The agency seller is requesting for the buyer to remain in the current location as a part of the sale.  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 three (3) active patients.  The existing patients will be a part of the sale of the agency. *

SOFTWARE. The agency is currently using Alora as its software platform. *

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 Buyer opts to use an escrow, Buyer to assume all escrow costs.

LIENS/JUDGEMENTS.  The seller discloses that to the best of their knowledge, the business has no has liens, judgments against it.  It is highly recommended to all buyers to conduct a UCC search, background search on seller(s), 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.

Healthcare Biz Brokers does not work with non-licensed buyer representatives (i.e., finders). Buyers seeking this business opportunity will be responsible for any commissions sought by their buyer-representative agreement. Buyers seeking a partnership agreement, an earn out agreement, or another hybrid acquisition strategy are required to disclose to Healthcare Biz Brokers this fact prior to proceeding with this business opportunity.

*Buyer to verify during due diligence

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