Profitable Hospice in Sherman Oaks
Great opportunity to invest and operate well established [founded in 2013] and profitable Hospice located in Sherman Oaks/Studio City area of Los Angeles County. Although census changes every week, this Hospice has average census of 30-35 patients. Monthly billing is about 150K [1.8M annual] and Net Profit [including owners/operators compensation] is about 60K [700K annual]. Well established referral relationships with LTCs, Boarding Care Facilities, RCFEs and private medical clinics. We are looking for a buyer who knows the hospice business and can bring additional patients to make it more profitable. Sellers may consider staying and training buyers on consulting basis for a reasonable amount of time. Great location, good lease terms.
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Lease Expires: 7/19/2023