American HealthCare Capital is pleased to introduce a Joint Commission accredited, Medicare
certified hospice agency for sale in Southern California. The company has been in business for 11
years. They are licensed to cover a 40 mile radius of their home office in Los Angeles County.
The company’s business is 84% Medicare, 14% Insurance/Private pay and 1% MediCal (Medicaid).
Gross Revenues have consistently been in the $3 Million range, reaching $3,161,000 in 2017 with
an adjusted EBITDA of $640,000. Their current average daily census is 40 patients, with an average
length of stay of 97 days. They expect positive growth trends into 2018 while staying under CAP for
the current year.
The seller would like to retire, but would consider staying on with the company if desired. The staff is
expected to stay on under new ownership. The asking price for this opportunity is $2.8 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.