Listing ID : 2297409
Broker ID : CCH-X2298
Listed On September 17, 2024 97
Listing Updated December 3, 2024
Listing Highlights :
For Sale: $375,000! The Joint Commission Accredited Hospice Agency in Glendale, Los Angeles County
We are pleased to offer a pristine Joint Commission-accredited hospice agency located in Glendale, Los Angeles County. Established in 2021, this S-Corporation is fully licensed and certified, offering significant advantages to the right buyer. *
Key Features:
– Joint Commission accreditation valid from September 29, 2023, to September 29, 2026*
– CDPH licensure fees paid through October 24, 2025*
– Well-maintained 700 sq. ft. office space with a lease of $1,000/month, including two parking spots in a prime Glendale location*
– Opportunity for relocation with proper change of address procedure*
– No outstanding debts: all corporate taxes are current*
– Clean billing record with no ADR or CAP issues*
– Knowledgeable and trained staff willing to stay on post-sale*
– 3-year rule ends on or about November 2024*
– Seller will be available for a seamless transition
Transaction Details:
– All-cash escrow sale: seller financing is not available*
– Buyer responsible for all escrow fees*
– Escrow period to close within 30 days or less*
– Seller’s Motivation: The seller is shifting focus to their home health agency, providing a unique opportunity for a qualified buyer. *
Preferred Buyer Profile:
– Prior experience in hospice operations*
– Proof of funds to proceed with the transaction*
– Established connections to patient referral sources and access to registered and licensed nurses*
Seller Recommendations:
– Ability to generate patient referrals*
– Access to a professional support team (e.g., Medicare Consultant, Accountant, Lawyer) for due diligence*
– Buyer should bring on the necessary healthcare professionals to run the business*
Requirements:
– Signed NDA and Proof of Funds required from all interested parties*
Disclaimer: The seller is responsible for the accuracy of all provided information. Healthcare Biz Brokers and its agents make no representations or warranties regarding the completeness or accuracy of the information. Buyers are advised to seek professional counsel, including but not limited to accountants, attorneys, Medicare consultants, medical billers, and other advisors, to assist with the transaction.
*Buyer to verify all information during due diligence. Third party CAP Analysis is recommended.
Contact Listing Owner
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