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Ventura County Home Health In Simi Valley For Sale

Simi Valley, California - South, US
Asking Price:
$899,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,250,000
Cash Flow:
$382,085

California Home Health Agency – Joint Commission Accredited – Clean & Scalable

This agency presents a rare opportunity for an experienced operator to acquire a compliant, active, and Joint Commission-accredited home health agency located in Ventura County, California. Established as a California C-Corporation, this agency has built a solid compliance track record with no liens, billing irregularities, or ADR history. It does not fall under the 36-month Medicare rule, making it ideal for both first-time and seasoned operators looking for a ready-to-grow platform. *

The agency currently operates with a monthly lease of $1,533 for 1,500 square feet of office space, structured on a month-to-month basis and fully relocatable. The seller reports a 2024 average daily census of 30 patients, all of whom are anticipated to stay with the buyer post-acquisition. It has maintained a healthy payer mix and is credentialed with Medicare, VA/TriWest, HealthNet, and Blue Shield of California, though the non-Medicare payor contracts have not yet been fully utilized—presenting a significant monetization and expansion opportunity for the next owner. *

Financials reflect steady revenue: $1.25M in 2024, $1.48M in 2023, and $1.08M in 2022, with available normalized financials for serious buyers. The agency uses DataSoft Logic EMR and pays approximately $3,000 monthly to an external billing contractor. *

Post-sale, the seller is available to assist with a mutually agreed training and support plan and will help with the first few patient admissions for the buyer if needed. Introductions to referral sources may also be coordinated depending on buyer readiness. The agency’s GSA spans Los Angeles, Orange, Kern, Ventura, Santa Barbara, and San Bernardino Counties—making it ideally positioned for regional growth through outreach, referral networking, and managed care activation. *

The seller will not entertain SBA or seller financing and is requiring an all-cash offer. All reasonable offers will be considered. This is a strategic opportunity for a qualified buyer seeking a fully operational and compliant Medicare-certified home health agency in a high-demand area of California. *

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.
* The Buyer shall be responsible for verifying all of the above information during their due diligence process..

Property Information

Real Estate:

Lease

Size in square feet:
1,500

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

The business has not yet monetized its Blue Shield, HealthNet, or TriWest contracts. A strategic buyer can unlock immediate revenue by activating these payor streams. Growth can also be accelerated through marketing, community partnerships, and onboarding bilingual or specialized clinical staff to increase regional patient capture.

Competition / Market:

Operating across six California counties, Hearten is uniquely situated within a highly competitive but rapidly growing market. Increased demand for home-based care, combined with its clean compliance history and Medicare/VA contracts, positions it well against competitors lacking the same operational integrity or approved payer mix.

Reasons for selling:

Owner is retiring.

Other Information

Support & training:

The seller will provide training during the transition phase, which may include up to six months of negotiated onboarding support. The seller is also open to assisting with the first few patient admissions, offering valuable continuity for incoming operators. A recommended Medicare consultant may also be referred.

Furniture / Fixtures value:
$10,000 - included in the asking price
Inventory / Stock value:
$1,000 - included in the asking price
Relocatable:
This business can be relocated