Accredited Operating LA based Hospice

Hospice Business for Sale in Los Angeles County – $425,000 (Negotiable)

Opportunity Overview: This well-established, Joint Commission-accredited hospice agency, operating as a California Subchapter S-Corporation, is now available for acquisition. Established in 2014 and licensed since 2017, this hospice has consistently upheld a high standard of compassionate care and offers a unique opportunity for buyers looking to enter or expand in the Los Angeles County market. *

LOCATION: Los Angeles County, CA. *

OFFICE SPACE: 450 sq. ft., lease term through 12/31/2024, then month-to-month; monthly lease of $1,189. *

ACCREDITATION: Accredited by The Joint Commission with the latest survey completed on March 4, 2023. *
LICENSE: California Department of Public Health License valid through May 2, 2026. *

CURRENT CENSUS: 5 active patients (transfers not guaranteed). *

FURNITURE, FIXTURES, & EQUIPMENT (FFE): Included, estimated value of $5,000. *

INVENTORY: Estimated value of $1,000. *

BUSINESS STRUCTURE & COMPLIANCE: This hospice agency is structured as a California Subchapter S-Corporation, providing flexibility for an incoming buyer to relocate if desired. Importantly, this business does not fall under the 36-month Medicare rule, allowing for a smoother transition of ownership. All business taxes are current, with no unresolved billing issues. The business does have an estimated Medicare CAP Aggregate liability of approximately $130,000 (buyer to verify with PS&R report). *

TECHNOLOGY & OPERATIONS: The hospice utilizes the JN Cloud EMR system, ensuring seamless and efficient patient records management. With an experienced nursing team and key employees likely to stay post-sale, this hospice presents a strong foundation for continued success. *

FINANCING: The seller will not entertain SBA 7(a) loans or seller financing; only all-cash offers will be considered.

ADDITIONAL DOCUMENTATION REQUESTS (ADRS): Past ADRs have been addressed and resolved, supporting operational stability. *

Seller Preferences: (1) Possess healthcare experience, particularly in operating a hospice or similar agency, (2) can provide verifiable proof of funds for the transaction, and (3) have access to patient referral sources and a network of licensed healthcare professionals.

Seller Recommendations: (1) Buyer should possess the capability to generate patient referrals, (2) Buyer should have access to the necessary professional team members, (3) It is advised that the buyer engage a professional team (e.g., Medicare Consultant, Accountant, Attorney) to assist with due diligence and review processes.

Buyer Requirements: (1) All prospective buyers must sign a Non-Disclosure Agreement (NDA) and (2) Proof of Funds is required from all potential buyers.

Disclaimer: The seller is solely responsible for the accuracy of any information provided. Healthcare Biz Advisors, its agents, representatives, or subsidiaries make no representations or warranties regarding the accuracy, completeness, or validity of the information shared. Buyers are strongly encouraged to seek advice from their professional advisors (e.g., accountant, attorney, Medicare consultants) and to conduct their own due diligence for verification purposes.
* Buyer to verify due diligence.
** A Third-Party CAP Analysis is recommended as part of the Buyer's Due Diligence