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•$160-170k Cash Flow Yearly •Great Customers with Loyal following•Not much competition•Owner Willing to Train and Sign non-compete•Turn KeySeating: 58 Inside and 6 OutsideSELLER FINANCING AVAILABLEDon’t miss your chance to get in on this great deal! This gem of a place is loved by the locals and they keep coming back as they are treated as family by the owner. After running this Diner for almost 7 years, it is being sold because the owner is currently going to open up a larger location (approx 8 miles away). She only wants to run and operate one location and is willing to sign a non-compete up to that distance. In addition, she is willing to stay on, train, and help a new owner with all of the recipes if they desire it. Currently, the business is being run by 3 full timers (Owner and two cooks), and one part-timer (Tuesday only), Owners Daughter. Owner pays herself $3,000 a week from the business.
Buy the simplest profit making setup: very low overhead, Medicare reimbursement, ability to add other diagnostic testing services...no need to look for individual patients, only 'accounts' to service, usually physicians outsourcing the tests. In light of Federal Anti Markup regulation, Family/ Non Specialty Doctors may no longer bill Medicare at profit, and have to charge 'at cost'. Majority of them dont like the hassle of billing tests by themselves, particularly without making any profit. Hence, they hire entities such as this one (Mobile IDTF) to perform tests on their patients, and at their offices. Usual business arrangement includes IDTF paying fair market rent to the Doctor, and possibly some ancillary fees, such as secretarial support, etc. We are experts from legal and health care fields, doing setups since 1996.
This business functions as an exception to the rule in New York 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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