Business Overview:
The owner need not be a physician IN THIS PARTICULAR TYPE OF Government CERTIFIED FACILITY. *** Perfectly situated in an area with numerous hospital branches and medical buildings filled w/ referral sources. Fully compliant build out (10 yrs w/ option lease term), as per State Dept of Health regs, at a bargain rental rate of $23 sq ft (including construction). Build out alone is worth the asking price! AREA HEAVILY OCCUPIED BY THE ELDERLY USERS OF THIS SERVICE. Application to the facility may be made directly by the patient, a family representative, or caregiver, the applicants personal physician or other interested parties acting on their behalf.This translates into self referring seniors, versus only those directed by a physician (as with most medical / govt subsidized services), even though physician participation is req d, as to have the study be used in a global care plan. Multiple residents, among them obese, depressed,, stressed, etc. And since they are not paying for it, the service is easy to "sell". Fixing the quality of one s sleep is an attractive option to staying awake at home.
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Property Features and Assets:
2,000 Sq. Ft. area at 4 Government certified beds means 120 patients capacity to use the service on a monthly basis, as per certified regulations. (Federal and State Approvals, sale contingent upon full certification of the new owner, as required by law). Support/Training: Each client is educated on the Policies & Procedures Manual, presenting a crucial business operating knowledge!
Market Competition and Expansion:
RECESSION PROOF BIZ AND USER BASE. HIGH NET PROFIT OF 45%. IDTFs function is an exception to the rule in New York --- the owner need not be a physician.It is a program that targets various groups of public: elderly, obese, depressed, stressed, and cardiac patients.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 heart failure,etc. Growth/Expansion: Participants come for an overnight stay and obtain the service by 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 government and employers, and lets patients rehabilitate to a quality of life. For the elderly, as long as they remain part of society, the government saves on long term care options. Medicare rate of $818.64 results in gross daily revenue of $3,275 and annual of over 1 million. (Private insurances pay even more).
Reason for Selling:
Seller is Healthcare attorney in setups business
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.
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