Studio City Area Home Health Care w/Public Health & Joint Commission

Studio City, CA


Asking 
$750,000
Gross Revenue 
$1,328,509
Potential Cash Flow 
$463,004

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 census is 65 patrons.

Accounts Receivable Included in Asking
No

Facilities

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.


Competition

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.


Growth & Expansion

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.


Support & Training

Seller will train for 4 weeks at 20 hours per week or as negotiated


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