Established California Home Care Organization with Health Net Contract – Revenue Producing Non-Medical Care Business
This opportunity represents the acquisition of an established California Home Care Organization (HCO) providing non-medical personal care and respite care services throughout its service area. Operating as a California Limited Liability Company, the business has developed a solid operational foundation and serves clients seeking assistance with activities of daily living while remaining in the comfort of their homes.
The agency is licensed by the California Department of Social Services and maintains an active Home Care Organization license through January 2027. The seller reports no regulatory actions, corrective action plans, compliance controversies, liens, judgments, or outstanding business liabilities. The business is fully operational and has been serving the community for approximately three years.
One of the notable features of this opportunity is the agency's service line diversification. In addition to traditional non-medical personal care and respite services, the company maintains a Health Net contract for Personal Care and Home Modification services. The seller also reports relationships involving workers' compensation and nonprofit organizations, creating multiple avenues for referral generation and future business expansion.
The California home care marketplace continues to benefit from favorable demographic trends, including an aging population, increased demand for aging in place services, caregiver shortages within institutional settings, and a growing preference for home based care solutions. Buyers seeking an established platform with existing contracts and operational infrastructure may find this opportunity particularly attractive.
Growth opportunities may include expanding caregiver recruitment efforts, increasing referral relationships with healthcare providers and community organizations, broadening service offerings, pursuing additional managed care contracts, and expanding into adjacent geographic markets. A buyer with industry experience and established referral relationships may be well-positioned to capitalize on these opportunities.
The seller's reason for sale is retirement and is seeking an all cash transaction or third-party financing. Seller financing is not being offered. The seller is willing to provide reasonable transition assistance following closing to facilitate an orderly transfer of operations and business relationships.
Seller Preferences: (1) Possess healthcare experience, particularly in operating a hospice or similar agency, (2) 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 engages 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 due diligence.
- A Third-Party CAP Analysis is recommended as part of the Buyer's Due Diligence
