Licensed Home Health Agency - Pasadena, Serving North LA County

Asking Price$65,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Licensed Home Health Agency - Pasadena, Serving North LA County


Asking Price$65,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Hexa Home Health Care is a California-licensed home health agency based in Pasadena, now available for change of ownership.

The agency has completed its initial licensure with the California Department of Public Health and passed its first survey. It is set up and ready for a new owner to begin building census across the North Los Angeles service area - Pasadena, Glendale, Burbank, Altadena, La Canada Flintridge, South Pasadena, Eagle Rock, Highland Park and the surrounding communities.

WHAT IS INCLUDED
- The corporate entity and its California home health agency license
- The existing office lease in central Pasadena at $769 per month
- No prior patient census or billing history to inherit - a clean start for the new owner

WHO THIS SUITS
This is a good fit for a nurse, therapist, physician, existing agency owner or healthcare entrepreneur who wants to skip California's lengthy home health licensing and survey process and start operating under a license that is already in place. The buyer will assume the lease and full responsibility for the agency's operations and regulatory compliance from the date of transfer.

WHY IT IS ATTRACTIVE
Overhead is very low at $769 per month, which gives a new owner a long runway while referral relationships and census are being developed. Demand for in-home skilled nursing and therapy across Los Angeles County continues to grow with the aging population, and the licensed service area covers some of the densest and most affluent parts of the San Gabriel Valley and Glendale/Burbank corridor.

Asking price: $65,000.

Serious, qualified inquiries welcome. Please reach out to discuss license status, the change-of-ownership process and next steps.
About the Business
Facilities & Assets
Included in the sale: the corporate entity, its California home health agency license (initial licensure completed / first survey passed), and the existing office lease.

The office is a private suite in a professional building on E Green St in central Pasadena, leased at $769 per month - very low overhead for an agency of this type. The central location offers quick access to the 210, 134 and 2 freeways, allowing field staff to cover Pasadena, Glendale, Burbank, Altadena, La Canada, Eagle Rock and the surrounding North Los Angeles service area.

The buyer assumes the lease and all ongoing operating and compliance responsibility for the agency upon change of ownership.
Market Outlook / Competition
Los Angeles County has one of the largest senior populations in the country, and demand for skilled nursing, therapy and in-home care continues to grow across the San Gabriel Valley and the Glendale/Burbank corridor. The agency is licensed to serve the North Los Angeles area, including Pasadena, Glendale, Burbank, Altadena, La Canada, Eagle Rock, Highland Park and surrounding communities.

New home health licenses in California involve a lengthy application and survey process, so acquiring an entity that has already cleared initial licensure saves a buyer a significant amount of time compared with starting from zero.
Opportunities for Growth
This is a clean slate for an operator who wants to build their own book of business. Natural next steps for a new owner include:

- Developing referral relationships with local hospitals, skilled nursing facilities, physician groups, IPAs and assisted living communities
- Pursuing Medicare certification and accreditation
- Contracting with managed care and workers' comp networks
- Adding clinical disciplines and bilingual staff to serve the area's large Armenian, Spanish and Chinese speaking populations
- Expanding deeper into the San Fernando Valley and San Gabriel Valley within the licensed service area
Real Estate
Owned or Leased
Leased
Rent
$769 per month
About the Sale
Transition Support
Transition assistance is negotiable - contact the seller to discuss what support can be provided through the change-of-ownership process. Buyers are encouraged to retain their own healthcare counsel or licensing consultant to handle the CDPH change of ownership filing.
Listing Info
ID
2535092
Listing Views

Listing ID: 2535092 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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