Van Nuys Home Health with Contracts

Van Nuys, CA
Van Nuys Home Health with Contracts
Asking Price:$450,000
Gross Revenue:$804,000
Cash Flow:$235,000
BUSINESS DESCRIPTION

For Sale $450,000: Accredited Home Health Agency in Southern California – Established & Profitable

Business Overview: A well-established and fully accredited Home Health Agency, based in Van Nuys (Los Angeles County), is now available for sale. Operating as a California C-Corporation with accreditation from the Accreditation Commission for Health Care (ACHC), the agency has been providing top-notch skilled nursing, physical therapy, and home health aide services for over a decade. The business boasts a current census of 45 patients, primarily through private insurance referrals, with excellent standing in San Diego, Riverside, San Bernardino, and Ventura counties. *

Key Features:
1. Monthly Lease: $1500 for a 400 sq ft office space on a month-to-month lease with flexible relocation options. *
2. Census: 45 patients with strong relationships with private insurance companies. *
3. Accreditation Survey Date: Most recent survey completed on July 21, 2023. *
4. Current EMR Software: Healthcare Synergy. *
5. No billing issues and no Additional Documentation Requests (ADRs). *
6. Furniture, Fixtures & Equipment (FFE) included, valued at $3,000. *
7. Inventory included, valued at $500. *
8. 2024 YTD: Revenue: $804,000, SDE: $235,000. *

Seller Preferences:
1. Experienced Home Health Operators: The buyer should have relevant healthcare experience, particularly in home health operations.
2. Proof of Funds Required: Buyers must have the financial capability to move forward with the transaction and be able to generate patient referrals.
3. Access to Licensed Nurses: Strong registered/licensed nurses are necessary.

This is a rare opportunity for an experienced operator or healthcare investment group to acquire a thriving home health agency with consistent cash flow and potential for expansion. No SBA 7(a) loans will be entertained. Interested buyers must sign an NDA and provide Proof of Funds before receiving detailed financials and business information. Act now to take advantage of this lucrative opportunity!

For more information or to schedule a meeting, contact us today!

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 or Ralph Santos, 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.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
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Ralph Santos