BusinessQuest Brokers

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Inland Empire • Los Angeles • Orange County • California

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(800) 589-1286 Ext: 701

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Business for Sale:
Hospice & Non-Medical Home Care Staffing Agency

County: Los Angeles, CA
Business ID: 19002

Complete Non-Disclosure AgreementPrint this Listing

Responsible Broker: Ed Fixen, (909) 636-9827
DRE License No: 01773606

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Financial Summary

Price: $2,700,000

Down Payment: $2,700,000

Sales: $5,175,000

Cash Flow: $900,000

Inventory: $0

Inventory Included: No

FF&E: $15,000

Monthly Lease: $4,000

General Information

Financing: Yes

Year Established: 2005

# Employees: 110

Facility Size: 1500 sq. ft.

Training: 2 weeks

Reason for Sale: New Venture

Business Summary

Contact business broker to learn more about this well-established and profitable hospice and non-medical home care staffing agency business for sale, located in the Los Angeles County and Orange County areas of Southern California. This non-medical home care staffing agency was established in 2005 and had revenue of approximately $2.5 million in 2018. The hospice staffing agency was subsequently opened in 2010 and had revenue of approximately $2.7 million in 2018. Home care offers live-in, live-out (hourly) services plus other services as needed by the client. The company has a combined total of over 100 employees to meet the needs of their client base. The home care revenue is predominantly private pay but also accepts long-term insurance coverage. Beginning in 2019, Medicare will begin paying hospice expenses which will provide a growth opportunity. The company has well established strategic relationships with numerous hospitals and discharge planners throughout Southern California. This is a great healthcare opportunity for a recession-proof industry. The owner is selling to start a new healthcare business that will not compete with business. Seller will sign non-compete. Contact business broker to complete Non-Disclosure Agreement and receive more information on this hospice and non-medical home care staffing agency business for sale in Southern California.

Disclaimer

BusinessQuest® (“Broker”) has made no independent investigation or verification of any representation, warranty, document, or information presented by the seller herein. Prospective buyer is responsible for their own independent investigation with respect to such items and is advised by Broker to do so and to obtain the appropriate counsel from legal, accounting and other professionals concerning this business opportunity.