This well-established sleep lab boasts over 10 years of serving the local community. It offers in-lab sleep studies in a spacious, owned 3,200 sq. ft. facility, with some home sleep study options available.
The practice enjoys minimal competition in the area and a loyal patient base, consistently exceeding capacity with a waiting list. This success is further supported by a strong network of referring physicians.
• Expand Revenue: Implement Durable Medical Equipment (DME) sales and additional testing services like pulmonary function testing. There is also the potential to dispense CPAP machines, further increasing revenue potential or patient value.
• Experienced Staff: The existing, experienced staff can be retained for a smooth transition.
• Flexible Ownership: The sellers are amenable to a flexible ownership structure. The building may be acquired alongside the business or simply be leased.
• Marketing and Patient Acquisition: A well-maintained website and local marketing strategies drive a steady flow of new patients.
Financial Highlights:
• The lab currently performs around 1,000 sleep studies annually, with the potential to increase to 1,500 with hands-on management.
• Insurance billing ensures recurring revenue.
The current owners, focused on other practices, have limited involvement in the sleep lab. This presents a superb opportunity for a new owner to dedicate their expertise and management skills to propel the lab to even greater success.