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- RE: Pulmonary / Sleep Practice In Virginia
- Contact: Gavin Raphael
Quick Facts
| Asking Price: | $575,000 | |
| Annual Revenue: | $725,000 | |
| Net Profit: | $500,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $35,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 3 | |
| BBN Listing #: | 934839 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Light & Raphael is pleased to offer a highly profitable pulmonary and sleep disorder practice in Virginia. Â Doctor only works three days per week in the practice (Wednesdays to Fridays).
Busy Virginia pulmonary/sleep practice for sale providing pulmonary and lung function evaluations, sleep study evaluations, etc. The practice averages 30 patients per day.
The practice focuses on both patients with lung issues (50% of revenues) and the other revenues come from its focus on patients with sleeping disorders. The Doctor is sleep-board certified. The company accepts all major types of insurance as well as Medicare and cash payments.
The company does zero advertising. The Doctor has built up the referral sources by meeting with area doctors. Referrals come mainly from primary care doctors and sometimes oncologists. There is also a barebones website.
Physician/Owner; two Medical Assistants (Part-Time); and one Front Desk employee. Staff is willing to remain and assist in smooth transition. Billing is outsourced to a third-party service.
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Property Features and Assets:
Office is leased. Rent is only $2,150 including utilities.Â
Market Competition and Expansion:
The USA pulmonologist market size is expected to grow from $2.1 billion in 2023 to $3.8 billion in 2031 at a compound annual growth rate (CAGR) of 7.5%. The Sleep Disorder Treatment Market size was estimated at USD 9.2 billion in 2022 and is projected to reach USD 18 billion by 2030 with growing healthy CAGR of 8.7% during the forecast period 2023-2030.
Reason for Selling:
Owner wishes to pursue other business interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Virginia businesses for sale
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