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Operating Orange County Hospice

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

Listing ID : 428923

Posted on March 14, 2024 View Count 589

Price :
$400,000
Business Financials & Assets :
Property Details :
Business Details :
License Included:
Yes
Competition:
Overall, the combination of demographic trends, shifting healthcare preferences, technological advancements, and policy changes suggests that hospice services are likely to be in demand in California soon. 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:
The hospice market in California offers several growth and expansion opportunities due to various factors, including demographic trends, healthcare policies, technological advancements, and shifts in consumer preferences. 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
Financing:
This listing is open to all offers, which will be assessed on a case-by-case basis.
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.
Reason for Selling:
The seller has opted to place the business for sale for personal reasons.
Equipment Specifications :
Company Overview :
Franchise Overview :
Description :

We have an excellent opportunity to acquire an existing ACHC accredited hospice located in Orange County. This agency is a perfect fit for anyone looking to scale their current operation or those looking at entering the hospice market. *

LEASE: The current lease is at approximately $1,650 per month for a 400 square foot office located on the first floor of a professional office building.  The lease is renewed on an annual basis every October.  There is plenty of free parking, which would be perfect for the agency staff and agency visitors. *

This S-Corporation started its operations in 2017 with its initial CDPH licensure in 2019 and thereafter its initial accreditation in 2020.  The current ACHC accreditation dates are November 2023 through November 2026.  The agency comes to the market with no billing issues which will allow for an easy transition for the buyer to continue in a seamless manner. There should not be a 3-year rule impeding the sale of this business. *

GSA:  Currently includes Orange County and Riverside County. *

CENSUS.  At the time of this writing, the agency had +/- 4 patients, which if available, will come with the sale. *

FFE/INVENTORY.  The agency is currently operating with all the FFE and inventory that would be needed to run a hospice agency. The seller will be including all FFE and inventory as a part of the sale. *

SOFTWARE/BILLING.  The agency is currently using Hospice MD for its clinical and operational needs, which includes the billing being done by Hospice MD. *

TRANSITION.  The seller does see herself as working with the buyer for an agreed period. The seller will make an earnest effort to keep her staff as intact as possible to create a smooth transition.  The staff do not know about the sale.

MOTIVATION.  The seller has opted to place the business for sale for personal reasons.*

VALUATION.  This business is being priced at the current market value with intangible assets such as a patient census being included in the sale.*

This business is NOT a franchise. *

SELLER PREFERS: (1) Buyer to have healthcare experience in operating a hospice (2) Buyer to have the funds available to proceed with a transaction (proof of funds), and (3) Buyer to have at a minimum a 3-month operational budget in reserve.

SELLER RECOMMENDS: (1) Buyer to have the ability to generate patient referrals, (2) Buyer to have the required professional team member to operate a hospice, (3) a professional team member to assist with the due diligence request/interpretation.  Healthcare Biz Brokers is not directly responsible for due diligence request/interpretation.

TERMS:  This listing is open to all offers, which will be assessed on a case-by-case basis. *

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.

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

Passive Mobile Pet Grooming Franchise Re-Sale! Turn Key & Operating! 50% Seller Financing Avaliable!
Passive Mobile Pet Grooming Franchise Re-Sale! Turn Key & Operating! 50% Seller Financing Avaliable!

3500 Scotts Lane, Philadelphia, PA, USA

Pet Services Franchises

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