Medicare hospice agency for sale in Los Angeles County, California. The company has been in business for over 4 years. They are currently licensed to cover a 60 mile radius from their office.
The company’s payer mix is approximately 65% MediCal (Medicaid) and 45% Medicare. Gross revenues were $735,000 in 2015 with an adjusted EBITDA of $117,000. They are projected to gross at least $750,000 in 2016 with an average census of 10-15 patients. The company has a below average length of stay and no cap liabilities.
The sellers would like to pursue other business ventures but will accommodate a transitional period as needed. The rest of the staff are available to stay on with a new owner. The asking price for this opportunity is $450,000.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.
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