Profitable Licensed Home Care Services Agency (LHCSA) – NY - 37149

Financing

$4,900,000 Down and None.

Business Description

Profitable Licensed Home Care Services Agency (LHCSA) – NY

Nassau • Suffolk • Queens Counties

This is a rare opportunity to acquire a fully licensed New York Licensed Home Care Services Agency (LHCSA) serving Nassau, Suffolk, and Queens counties.

With New York State currently pausing the processing of new LHCSA license applications, acquiring an existing licensed agency has become one of the few viable entry points into this rapidly growing healthcare sector.

Services Authorized Under License

The agency is licensed to provide a comprehensive range of services including:

• Private Duty Nursing (RN / LPN)
• Home Health Aides
• Personal Care Aides (PCA)
• Physical Therapy
• Occupational Therapy
• Speech-Language Pathology
• Medical Social Work
• Homemaker & Housekeeping Services

The agency is also NHTD/TBI approved, allowing access to additional referral streams and specialized care programs.

Financial Overview

• Annual Revenue: $3,682,483
• Owner Cash Flow (SDE): approx. $983,285
• 99.9% of revenue derived from PCA services

Revenue is primarily generated through insurance-referred cases, with most patients referred directly by insurance company case managers.

Insurance Contracts

The agency maintains established relationships with major payors including:

• Medicaid
• Aetna
• Fidelis
• VNS

These relationships provide a steady pipeline of referred cases.

Operations

• Billing handled in-house
• 3 office staff currently in place
• Clean NYS Department of Health audit (2012)

The business operates with established administrative systems and infrastructure already in place.

Growth Opportunities

Significant expansion potential exists for an experienced operator, including:

• Expanding private duty nursing cases
• Growing services into additional NYC boroughs and counties
• Increasing specialized care services
• Leveraging the existing license to scale operations

Demand for home-based care continues to increase as the population ages and healthcare shifts toward home-based treatment models.

Buyer Requirements

Due to regulatory considerations, qualified buyers must be existing LHCSA operators or healthcare organizations and must be open to consulting and management agreements as part of the transaction structure.

We are seeking serious and financially qualified buyers with at least $3,500,000 in liquid funds.

Proof of funds and the name of your LHCSA or healthcare organization will be required prior to receiving full details or scheduling a buyer–seller meeting.

Confidentiality

All discussions and site visits are strictly confidential and by appointment only.

Contact: Mel Vaz 631-767-0157 melvaz@vestedbb.com. 

In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.