Operating Hospice LA County

Price: $495,000

If you are looking for a hospice with a relatively low historical census in the Los Angeles area
(near the Crenshaw district), we have an amazing opportunity for you. The hospice market
has changed over the past few months with less inventory in place and an existing California
moratorium on new licenses. This hospice is a California C-Corporation with over 6 years of
operation in place. Its most recent survey was on October 5, 2023, and its CDPH license will
expire on December 4, 2025. The business does have an SBA loan in place which will be paid
as a part of the closing. *

MOTIVATION. The motivation for the sale is that the owner is looking at downsizing her
operation with a focus on other aspects of their family of companies as they approach
retirement. *

SBA LOAN. The seller will NOT be entertaining any SBA 7(a) loans. *

PRICING. This agency is being priced at the current market rate and it is not based on SDE or
EBITDA. *

TERMS. The seller will entertain all reasonable offers. *

SOFTWARE. https://www.hospicemd.com/website/ *

SELLER PREFERS. (1) Buyer to have healthcare experience in operating a hospice and (2)
Buyer to have the funds available to proceed with a transaction (proof of funds), (3) Buyer to
have access to patient referral sources and to registered and licensed nurses. *

SELLER RECOMMENDS. (1) Buyer to have the ability to generate patient referrals, (2) Buyer
to have the required professional team member(s), (3) a professional team member (i.e.,
Medicare Consultant, Accountant, Lawyer) to assist with the due diligence request/review. *

ALL potential buyers must: (1) Sign an NDA and (2) provide Proof of Funds. *

DISCLAIMER: The seller is responsible for proving the accuracy of any information provided
to the buyer's satisfaction. Information contained in this document is provided solely by the
seller. No representations or warranties are provided by Healthcare Biz Brokers or Ralph
Santos, its agents, representatives, or subsidiaries as to the accuracy, completeness, or
validity of such information. Interested parties are encouraged to seek counsel from their
accountant, attorney, Medicare consultants, medical billers, medical coders, experienced
clinicians and/or other business advisors. Recommend third party CAP Analysis.

*Buyer to verify during due diligence.
** A Third-Party CAP Analysis is recommended as part of the Buyer's Due Diligence