SIMI VALLEY, California
| Asking Price |
$899,000 |
Year Established |
|
|
| Annual Revenue |
$0 |
Reason for Selling |
|
|
| Annual P/L |
$0 |
Attention |
Ralph Santos |
|
| Annual Cash Flow |
$0 |
Listing Number |
1011656 |
|
| # of Employees |
|
Business Category |
Services: Medical, Dental |
|
Business Overview:
California Home Health Agency – Joint Commission Accredited – Clean & Scalable
This Medicare-certified and Joint Commission-accredited home health agency offers a compelling acquisition opportunity in Ventura County, California. Structured as a California C-Corporation, the agency maintains a strong compliance history with no reported liens, ADRs, or billing issues. The business is not subject to the Medicare 36-month rule, providing a qualified buyer with a streamlined ownership transition and continued billing operations.
The agency operates from a 1,500-square-foot office with a favorable month-to-month lease of approximately $1,533 per month and may be relocated if desired. The seller reports an average daily census of approximately 30 patients during 2024, with patients expected to remain following the transaction. The business is credentialed with Medicare, VA/TriWest, HealthNet, and Blue Shield of California, creating significant growth potential through expanded utilization of existing payer relationships.
Revenue has remained consistent, with approximately $1.25 million in 2024, $1.48 million in 2023, and $1.08 million in 2022. The agency utilizes DataSoft Logic (DSL) EMR and serves a broad GSA that includes Los Angeles, Orange, Kern, Ventura, Santa Barbara, and San Bernardino Counties.
The seller will provide transition support and assistance with onboarding and early admissions. All-cash offers only; no SBA or seller financing.
Disclaimer: Information provided by the seller and deemed reliable but not guaranteed. Buyers must conduct independent due diligence and consult legal, accounting, regulatory, and Medicare advisors. Buyer to verify all information.
Property Features and Assets:
Market Competition and Expansion:
<p>Operating across six California counties, Hearten is uniquely situated within a highly competitive but rapidly growing market. Increased demand for home-based care, combined with its clean compliance history and Medicare/VA contracts, positions it well against competitors lacking the same operational integrity or approved payer mix.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity