Profitable Hospice

Sherman Oaks, CA
Los Angeles County

Sherman Oaks/Studio City

Asking Price: Annual Revenue:
$1,800,000 $1,800,000

Services: Medical, Dental

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RE: Profitable Hospice Broker: Alex Levitan

Quick Facts

Asking Price: $1,800,000
Annual Revenue: $1,800,000
Net Profit: $720,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: Not Disclosed
BBN Listing #: 190252285
Broker Reference #: Hospice SO/SC

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Business Overview:

Great opportunity to invest and operate well established [founded in 2013] and profitable Hospice located in Sherman Oaks/Studio City area of Los Angeles County. Although census changes every week, this Hospice has average census of 30-35 patients. Monthly billing is about $150,000 [1.8M annual] and Net Profit [including owners/operators compensation] is about $60,000 [$700,000 annual]. Well established referral relationships with LTCs, Boarding Care Facilities, RCFEs and private medical clinics. We are looking for a buyer who knows the hospice business and can bring additional patients to make it more profitable. Sellers may consider staying and training buyers on consulting basis for a reasonable amount of time. Great location, good lease terms.

Please call Alex Levitan – Pacific Business Brokers, for more information.

Please note that financial statements will be presented to potential buyers only upon verification of liquid funds. Seller may consider carrying papers with substantial down payment and sufficient and verifiable collateral located in the United States.

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Reason for Selling:

Other Business Plans.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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