Southern CA CHAP Hospice for Sale

This is a prime opportunity to acquire a CHAP-accredited, Medicare-certified hospice with a broad GSA covering Los Angeles, Orange, Ventura, San Bernardino, and Riverside Counties. Structured as a California C-Corp, the agency operates from a 952 sq. ft. professional space with a $1,983 monthly lease (relocatable with CHOL).

This hospice is not subject to the 36-month rule—share transfer occurred in April 2022 with two full cost reports filed since (buyer to verify). The current census is zero as of July 2024, with clean financials, no CAP liability, and all ADRs resolved (TPE-related).

Historical revenues include $443K (2022), $3.09M (2023), and $1.93M (2024), reflecting strong prior operations and referral strength. The agency uses HospiceMD EMR and has no staffing or tax liabilities. No employees will remain post-sale.

Included: FF&E valued at $3K–$5K. A turnkey opportunity for experienced operators ready to grow or re-launch in Southern California’s competitive hospice space.

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 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. Broker, 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. Broker 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.