Our firm is pleased to introduce a Medicare Certified, CHAP Accredited, Hospice Agency in Arizona that is for sale. The location has been in business for 4 years and is an asset sale. The seller has elected to sell this location only and focus on the established central part of their business. Their service area spans a 50 mile radius, which includes three counties.
The company's business mix is 98% Medicare and 2% Medicaid/Private Insurance. Gross revenues are on track to reach at least $2.25 Million in 2012 and they are profitable. Their current census is approaching 40 patients and growing, and they do not have any cap issues.
The current staff at the location is available to stay on with a new owner, and the buyer can also assume the lease as well as FF&E. The seller is asking for a buyer with qualified experience in the change of ownership (CHOW) process. The asking price for this asset sale opportunity is $2.25 Million. If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.
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