Newly Accredited, Never Billed, Ready to Bill Hospice

This is an excellent opportunity to acquire a new and fully accredited hospice agency located in Los Angeles County. Established as a California C-Corporation, the business is accredited by the Accreditation Commission for Health Care, with its most recent survey completed on October 20, 2022. The state license remains valid until October 20, 2025, and the agency is authorized to serve Los Angeles, San Bernardino, Riverside, Orange, and Ventura counties. *

The business operates out of an 850 square-foot office space with a $2,600 monthly lease. The office features one private room, a conference room, free parking for staff and visitors, and is situated in a well-maintained building with an accommodating landlord and nearby amenities. *

Currently, the business has no active census but is a turn-key opportunity for a buyer with hospice industry experience. The infrastructure is in place, and the agency is ready for operations. There are no liens, judgments, CAP debts, or ADRs associated with the business. The sale includes necessary Furniture, Fixtures, and Equipment, providing a solid foundation for growth. *

The asking price is $500,000, with the seller preferring an all-cash offer. SBA 7(a) loans and seller financing will not be considered. This is a unique opportunity for a healthcare professional to own and operate a compliant and fully accredited hospice agency in Southern California. *
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.

Due Diligence: Any in-depth due diligence beyond the Confidential Information Memorandum (CIM) will require the Buyer to submit either a Letter of Intent (LOI) or a Purchase Agreement.

Disclaimer: The seller is solely responsible for the accuracy of any information provided. Healthcare Biz Brokers, 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