American HealthCare Capital is pleased to introduce a Medicare certified and CHAP accredited hospice for sale in Arizona. The company has been in business since 2015. They serve all of Maricopa County.
The company’s sole payer is Medicare. Gross revenues were $1.2 Million in 2017 and are on track to reach $2 Million in 2018 with a 20% adjusted EBITDA margin. Their average daily census is over 42 patients, and their average length of stay is 98 days. They have no issues with cap. With the growing baby boomer population, the company anticipates continued growth.
The staff is expected to stay on, and the sellers will accommodate a transitional period as needed.
The asking price for this opportunity is $2 Million.
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.