NY Metro Sleep Disorder Clinic - Highly Profitable

New York, NY
New York County

3,100 Square Feet of space on a major roadway


Asking Price: Annual Revenue:
$495,000 $1,104,179

Services: Medical, Dental


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RE: NY Metro Sleep Disorder Clinic - Highly Profitable Broker: John Geaneotes

Quick Facts

Asking Price: $495,000
Annual Revenue: $1,104,179
Net Profit: $439,059
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 494426891
Broker Reference #: Not Disclosed

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Business Overview:

Priced to sell fast, this turnkey medical practice is one of New York metropolitan area’s premier sleep clinics specializing in the diagnosis and treatment of sleep disorders and other pulmonary conditions. Its large, state-of-the-art facility is equipped with the latest cutting-edge technology. In addition, the medical team and the staff at the center are one of the most experienced in the field.

Business Highlights:

• Established, turnkey medical practice and clinic with over 14,000 patients; over 50% still active
• Well-negotiated, exclusive contracts with significantly higher reimbursement rates versus peers
• Accredited by American Academy of Sleep Medicine (AASM) results in higher reimbursements
• Highly coveted Independent Testing Facility (IDTF) allows buyer to offer new or additional services
• Well-appointed 3,000 SFT. state-of-the-art facility equipped with latest cutting-edge technology
• Located in a high-end neighborhood on a major roadway providing high visibility
• Recession-proof, low-competition business in an industry with strong secular growth trends
• Ability to conduct both pediatric and adult sleep tests

Owner is relocating and is therefore highly motivated to sell. All certifications and accreditations are fully-transferable to a new owner and all employees and patients will remain with the business post-sale. Seller will assist a new buyer in order to make the transition as smooth as possible and is willing to sign a non-compete.

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Market Competition and Expansion:

Opportunities for further growth include actively marketing to other physicians in order to gain more referrals and winning additional exclusive contracts by submitting more proposals to exclusively treat employees of large organizations, such as transportation, trucking and delivery companies. In addition, by being an IDTF the Company can provide many more tests, such as Echo Doppler, and additional services. There is high demand for the clinic’s services and hiring additional specialists would be expected to generate significant growth.

Reason for Selling:

Relocating

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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