Studio City Area Home Health Care

Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$750,000 $1,328,509

Services: Senior Living & Care, Assisted Living


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RE: Studio City Area Home Health Care Broker: Ryan Clark

Quick Facts

Asking Price: $750,000
Annual Revenue: $1,328,509
Net Profit: $463,004
Cash Flow: $463,004
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2007
Employees: 8
BBN Listing #: 22724929
Broker Reference #: VthhvV

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Business Overview:

The established Studio City area home health care agency has been in operation for 14 years. It boasts a stellar reputation due to its sterling standard of care. As a result, the business benefits from the number of well-deserved referrals they continue to receive. The company has the California Department of Public Health License, Joint Commission Accreditation, as well as Medicare and Medi-Cal provider number. All of their staff are W-2 employees. Their current census is 65 patrons.

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Property Features and Assets:

This 3,300 square foot facility leases for $4,950 per month on a lease that expires 12/31/2021. All of the agency’s furniture, fixtures, equipment, as well as its licenses, permits and provider numbers will be included in the sale.

Market Competition and Expansion:

The Studio City to Sherman Oaks corridor is a popular choice for home health care agencies. As a result, demand for home health licenses and the related permits remains high and services are sought after. After 14 years, however the firm has amassed a solid reputation and strong referral base that provide it a distinct advantage from entrants. New operators who are familiar with the home health care field may take the infrastructure, licenses, permits and established reputation in place to take this opportunity in any number of directions.

Reason for Selling:

Retirement

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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