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Quick Facts
Asking Price: | $50,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2012 | |
Employees: | Not Disclosed | |
BBN Listing #: | 27328360 | |
Broker Reference #: | LANCASTERPASLEEPLAB50 |
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Business Overview:
This business functions as an exception to the rule in Pennsylvania or any other state --- the owner need not be a physician, as per our government certification. The U.S. Government reports that 70 million Americans experience problems sleeping. Half of those 70 million (35 million) have an undiagnosed sleep disorder and should be tested. Currently there are a limited number of sleep test laboratories operating in the United States. If all of those existing sleep laboratories operated at 100% capacity every day of the year, theoretically they could test 2.1 million patients over the course of a year or approximately 6% of the available market Based on calculations. National Medicare rate of $818.64 results in gross daily revenue of $3,275 and annual of over 1 million. (Private insurances pay even more). At 45% of gross, you are at over $450,000 annual profits!
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Property Features and Assets:
2,000 Sq. Ft. area at 4 certified beds, meaning 120 customers may use the service on a monthly basis, as per licensed capacity. (Accreditation at the municipal, state, and federal level included). Support/Training: Each client is educated on the Policies & Procedures Manual, presenting a crucial business operating knowledge!
Market Competition and Expansion:
Recession proof business, Medicare reimbursement, ability to add other diagnostic testing services...no need to look for individual patients, only accounts to service. The U.S. Government reports that 70 million Americans experience problems sleeping. Half of those 70 million (35 million) have an undiagnosed sleep disorder and should be tested. Currently there are a limited number of sleep test laboratories operating in the United States. If all of those existing sleep laboratories operated at 100% capacity every day of the year, theoretically they could test 2.1 million patients over the course of a year or approximately 6% of the available market Based on calculations. Growth/Expansion: National Medicare rate of $818.64 results in gross daily revenue of $3,275 and annual of over 1 mln. (Private insurances pay even more). At 45% of gross, you are at over $450,000 annual profits!
Reason for Selling:
Seller is Healthcare attorney in setups business
Additional Details:
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