American Healthcare Capital is pleased to introduce a five-year-old hospice agency for sale in the Salt Lake City, Utah. This company provides a full range of quality services for terminally ill patients, including pain management, personal care, dietary and pharmaceutical consulting, bereavement support, and a variety of therapies. Their service area covers five counties: Salt Lake, Utah, Davis, Tooele, and Summit.

Since its inception, the agency has been steadily expanding. Gross revenues were $1 Million in 2009, $1.4 Million in 2010, and they are on track to exceed $1.7 Million in 2011 with an average census of 35 patients. The majority of the revenue is Medicare-driven (90%) and the balance flows in from Medicaid (6%) and private insurance (4%). With their strong base of referrals, a new owner should easily be able to continue growing the company.

The sellers would like to pursue new business endeavors but would consider staying on with a new owner. The dedicated professional staff is also available to stay with company. The asking price for this business opportunity is $1.7 Million. If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more information with you.