Business For Sale

Sleep Study Lab –Hands Off Semi Absentee, Finance

Not Disclosed, CA
Los Angeles County


Asking Price: Annual Revenue:
$790,000 $641,000

Services: Medical, Dental


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RE: Sleep Study Lab –Hands Off Semi Absentee, Finance Broker: Shreeraj Parikh
License #: 01962451

Quick Facts

Asking Price: $790,000
Annual Revenue: $641,000
Net Profit: $265,383
Cash Flow: $265,383
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2003
Employees: Not Disclosed
BBN Listing #: 455652542
Broker Reference #: Not Disclosed

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Business Overview:

Sleep Study Lab established since 2003 – Hands-Off, Semi-Absentee, Well-Staffed, Strong and Consistent Year – Over – Year Growth with very limited owner involvement, Retiring Owner.

Sleep Lab conducts comprehensive sleep studies. Patients are directly cared for by highly trained qualified registered polysomnographic technologists and respiratory therapist. The sleep lab has performed over 10,000 studies over the past 10 years.

The company has experienced year – over – year growth with strong bottom line, now for sale as the owners wish to retire after building a successful business. This business is not the owner’s primary income source, it is one of the many investments they have made. The company has made several investments to cope up with the ever-changing environment and positioned itself for continued growth.

The business enjoys consistent and steady referrals and has kept up with the changes in the industry to maintain consistent growth, there are a total of 5 rooms to conduct sleep studies. The business employs a total of 5 employees: Medicare Biller, Receptionist and 3 Sleep Technicians. Owner involves himself with executive duties such as overlooking schedule, audits, bank deposits etc.

Seller is open to short-term employment with the buyer to maintain consistency and assist the buyer with smooth transition.

There are plenty of growth opportunities for strategic buyers and/or independent buyers.

Revenue – 2014: $473k, 2015: 535k, 2016: $559k, 2017: $641k

Seller Finance is available for a qualified buyer. Offered terms are 25% down payment – payable over 5 years @ 6% Interest Rate.

Please Note: The seller is responsible for proving the accuracy of any information provided to the buyer's satisfaction. Information contained in this document is provided solely by the seller. No representations or warranties are provided by the CABB Business Broker, its agents, representatives, or subsidiaries as to the accuracy, completeness or validity of such information. Interested parties are encouraged to seek the counsel of their accountant, attorney and/or other business advisors.

ASKING PRICE: $790,000
Contact: Raj Parikh

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Reason for Selling:

Strategic

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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