Our firm is pleased to announce a 5-bed sleep lab located in the New York that is for sale. This IDTF and AARC accredited sleep lab services the Tri-city area and has developed an excellent reputation.

This company’s business mix is very diverse. They have over four dozen different payers, but their primary payers are GHI, United Healthcare, BCBS, Amerigroup, Health First, Oxford, and Cigna. Gross revenues have been trending upwards with a net profit margin over 30%, and they are currently on track to exceed $1.7 Million in gross revenues in 2016. There are over 250 medical providers that refer to the center. They also have exclusive contracts with NYFD and several other agencies.

The owner does not have the time to dedicate to this venture, but would be available for a transitional period if needed. However, the staff is available to continue on with a new owner.

The asking price for this opportunity is $850,000. The associated real estate is also available for sale for $1.5 Million, which includes a 5,000 square foot building with 2 high end apartments whose rent covers nearly 60% of the mortgage.

If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.

Posted Aug 30, 2016

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