Home Health Care
Active
Established Maryland Home Care Agency – Medicaid & Private Pay!!
Maryland, United States
Asking Price$350,000
Revenue$705,000
EBITDA-
Cash Flow$114,000
Description
An opportunity to acquire an established and licensed home care agency serving clients in Maryland.
Founded in 2019 and serving patients since 2020, the company provides a broad range of in-home care services, including personal care, companion care, respite care, dementia care, medication management, fall-prevention assistance, overnight/24-hour care, and Medicaid waiver services.
The agency currently serves a combination of Medicaid and private-pay clients and generates approximately 500–550 billable service hours per week.
The company has built an experienced caregiver network consisting of 12 active caregivers, including W-2 employees and independent contractors. Caregiver turnover has historically been low, and management reports that the existing caregiver base has capacity to accommodate additional clients.
The business has an established administrative infrastructure, including an administrator and RN supervisory support. AxisCare is utilized as the company's primary operating platform for scheduling, EVV, billing, and patient/caregiver management.
One of the most compelling aspects of the opportunity is the company's growth potential. The business currently performs essentially no paid advertising and receives new inquiries through organic sources, referrals, and its online presence. Management reports receiving approximately three new patient inquiries or referrals during an average month.
Additional growth opportunities include:
• Expanding the private-pay client base
• Developing additional long-term care insurance business
• Increasing Medicaid patient census
• Expanding referral relationships
• Implementing structured digital marketing
• Increasing geographic penetration
• Expanding additional licensed service capabilities
The current owner spends approximately 20–25 hours per week overseeing the business. The seller is relocating and is willing to provide a reasonable transition period following closing.
The business maintains a strong online reputation, established branding, long-tenured caregivers, and an existing operating infrastructure that would allow a buyer to acquire an established platform rather than starting a home care agency from the ground up.
This opportunity could be particularly attractive to an existing home care, healthcare, or senior services organization seeking expansion in Maryland, as well as a qualified owner-operator looking to enter the growing home-based care industry.
Additional information, including a detailed Confidential Information Memorandum, historical financial information, and operational information, will be provided to qualified buyers following execution of a confidentiality agreement.
Real Estate
Leased
Number of EmployeesFull-Time: 12
Year Established
2019
Reason Selling
Owner Relocation
Facilities & Assets
Small leased administrative office.
Support & Training
Seller willing to provide a reasonable transition period, potentially up to three months.
Market & Competition
The home care industry continues to benefit from growing demand for services that allow seniors and individuals requiring assistance to remain safely and independently in their homes. The company operates in a large Maryland market with demand from Medicaid waiver participants, private-pay clients, and individuals utilizing long-term care insurance. Competition includes both independent agencies and larger regional and national home care providers. The business differentiates itself through an established operating history, experienced caregivers, low reported caregiver turnover, strong online reputation, recurring client relationships, and the ability to provide a broad range of in-home care services. The agency currently generates business primarily through Medicaid case managers, organic online inquiries, referrals, and word of mouth, with little to no paid marketing.
Growth Opportunities
There are several opportunities for a new owner to expand the business. The company currently performs virtually no paid advertising yet receives approximately three new patient inquiries or referrals per month.
Immediate growth opportunities include expanding the private-pay client base, developing additional long-term care insurance business, increasing Medicaid patient census, building relationships with referral sources, and implementing a structured digital marketing strategy.
The agency also has the ability to expand additional service capabilities that are not currently being fully utilized. Existing caregivers have capacity to accommodate additional patients, and management reports that caregiver recruiting has historically been relatively easy.
The seller believes the existing platform could support significant additional growth with increased focus on marketing, referral development, caregiver recruitment, and private-pay services.
Financing Options
Seller financing is available.Some seller financing is available dependent on price offering.
Business listed by
DH Brokerage
Related Categories