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Quick Facts
Asking Price: | $49,000 | |
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 #: | 47328360 | |
Broker Reference #: | MIAMIFLSLEEP49 |
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Business Overview:
This business functions as an exception to the rule in any state --- the owner need not be a physician, as per our government certification. Federal and State govt and private insurances actually saves money by not having to pay for the consequences of obstructive sleep apnea which include hypertension, coronary heart disease, myocardial infarction, pulmonary hypertension, congestive hear failure, stroke, neuropsychiatric problems, cognitive impairment, sexual dysfunction, and injury due to accidents. Hence, they customarily pay significant reimbursement for the test. Participants come for an overnight stay and they have the service of a technician, who administers the test. They can identify the source of their headaches, depression, excessive obesity, lack of life force, etc. Diagnosis of sleep related disorders saves money to the govt and employers, and lets patients rehabilitate their quality of life. For the elderly, with social integration as its goal, the government saves on long term care options.
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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).
Market Competition and Expansion:
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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