Operating San Luis Obispo Home Health Agency

On the market we have a highly regarded, fully accredited home health skilled agency in San Luis Obispo. This agency is in excellent standing, having passed its recent survey with Community Health Accreditation Partners (CHAP) in April 2023, and its California Department of Public Health license is valid through July 31, 2025. *

This Home Health Agency offers a turnkey operation in a highly desirable region with minimal local competition, making it an optimal acquisition for immediate healthcare service expansion. Strategically located to serve San Luis Obispo and Santa Barbara counties, the agency is fully accredited and has achieved consistent survey excellence, highlighting its solid compliance record. This attention to regulatory and quality standards underpins its reputation as a trusted provider of compassionate and reliable care. *

Notably, this business does fall under the 36-Month Medicare Rule yet is does provide a significant advantage for rapid entry into Medicare-reimbursed services without the usual delay associated with new agencies. This unique situation, combined with the owner’s decision to sell due to family relocation, presents a rare, ready-to-operate opportunity in an attractive market region for healthcare services. *

This acquisition provides a new owner with a compliant, well-regarded business with immediate operational potential and opportunities for expansion in a competitive market. *

Geographic Service Area (GSA): San Luis Obispo & Santa Barbara Counties *

Accreditation: CHAP *

Current Census: 18 (Non-transferable to buyer) *

Lease: Month-to-month at $1,735 for 950 sq. ft. (Relocatable) *

Furniture, Fixtures, Equipment (FFE): Optional, valued at $10,000–$15,000 *

EMR Software: Netsmart Unity (Devero) *

TERMS. The asking price for this healthcare business is $550,000, with all reasonable offers considered. The transaction requires a cash offer, as the seller will not entertain SBA 7(a) loans or any form of seller financing. To support a smooth transition, the seller is prepared to assist the buyer with comprehensive training, covering essential aspects such as field nurse responsibilities, auditing, and operational guidance. *

Seller Preferences: (1) Possess healthcare experience, particularly in operating a home health agency 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.

This home health care agency is being valued using the market approach, rather than an income-based valuation method. The market approach entails determining the value of the agency by examining comparable sales of similar businesses within the industry. Instead of projecting future cash flows or analyzing earnings, this approach relies on current market data and recent transactions to estimate what buyers are willing to pay for a similar business. *

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.