Hospice Opportunity – Sherman Oaks, California – $250,000 – Licensed (not Accredited), Clean, and Relocatable
We are pleased to present an exceptional hospice agency opportunity located in the highly desirable Sherman Oaks region of Los Angeles County. This accredited California Subchapter S-Corporation has been thoughtfully established and is currently set up with a lease for a 650 square foot office space, priced at $1,344/month with a 3-year term. The office is conveniently relocatable, offering flexibility for the incoming buyer’s operations.*
The business holds an approved Geographic Service Area (GSA) that includes Los Angeles and Orange Counties—two of the most densely populated and medically active regions in California. The agency does not fall under the 36-month Medicare rule, making it immediately eligible for Change of Ownership (CHOW) without delay. This point alone gives a significant edge to any buyer seeking to enter the market without regulatory restrictions slowing down the process.*
There are no liens, judgments, CAP liabilities, or billing issues associated with this agency. Additionally, there are no current or past ADRs reported. The business is fully compliant and ready for a new operator to step in and grow its operations. Furniture, Fixtures, and Equipment (FFE) are included in the sale, and the agency’s structure allows for a seamless transition.The buyer is solely responsible for conducting thorough due diligence regarding the five-year license renewal requirements, as well as understanding the timelines, procedural steps, and compliance obligations associated with completing a second or reaccreditation survey necessary for maintaining regulatory and operational standing.**
Due to the current CDPH-imposed hospice moratorium in California, newly issued hospice licenses are exceedingly rare, making licensed hospice agencies a limited and highly sought-after asset. Expanding an existing license into an accredited hospice agency offers the buyer greater transparency, reduces exposure to unknown regulatory or operational issues, and positions the business for long-term compliance. Buyers should also be aware that current market valuations for licensed and accredited hospice agencies are significantly higher than in prior years and are expected to continue rising, particularly if the moratorium is extended further. *
While the seller will not entertain SBA 7(a) loans or seller financing, all reasonable all-cash offers will be considered. This is a clean book acquisition with no staff staying post-sale, making it an excellent opportunity for an experienced buyer who wants to build or consolidate within the Southern California hospice landscape. *
The seller is willing to provide limited post-closing transition support, including orientation to help initiate operations and ensure a smooth onboarding of systems and processes. However, formal daily hospice training is not included. *
Seller Preferences: (1) Possess healthcare experience, particularly in operating a hospice or similar agency, (2) Can provide verifiable proof of funds for the transaction, and (3) have access to patient referral sources and a network of licensed healthcare professionals.
Seller Recommendations: (1) Buyer should possess the capability to generate patient referrals, (2) Buyer should have access to the necessary professional team members, (3) It is advised that the buyer engage a professional team (e.g., Medicare Consultant, Accountant, Attorney) to assist with due diligence and review processes.
Buyer Requirements: (1) All prospective buyers must sign a Non-Disclosure Agreement (NDA) and (2) Proof of Funds is required from all potential buyers.
Due Diligence: Any in-depth due diligence beyond the Confidential Information Memorandum (CIM) will require the Buyer to submit either a Letter of Intent (LOI) or a Purchase Agreement.
Disclaimer: The seller is solely responsible for the accuracy of any information provided. Healthcare Biz Brokers, its agents, representatives, or subsidiaries make no representations or warranties regarding the accuracy, completeness, or validity of the information shared. Buyers are strongly encouraged to seek advice from their professional advisors (e.g., accountant, attorney, Medicare consultants) and to conduct their own due diligence for verification purposes. If any agreements, contracts, or legal documents are shared with a buyer or seller party, it is the sole responsibility of each respective party to review and seek independent legal counsel before signing any document. Healthcare Biz Brokers, Inc. does not provide legal interpretations, enforceability opinions, or transactional guarantees regarding any document shared during the transaction process.
- Buyer to verify during due diligence
- It is strongly recommended that the buyer engage a third-party CAP Analysis expert or qualified professional to assist with evaluating potential CAP liabilities as part of their due diligence process.
