Company Overview
American HealthCare Capital is pleased to introduce an established, accredited, and certified sleep laboratory for sale in Los Angeles County, California. The company has been in business since 2003 providing expert, affordable, reliable, and custom-tailored assistance to those suffering from a variety of sleep disorders. Sleep studies are conducted under the direction of Board-Certified Physicians in Sleep Medicine and can be conducted at the lab or at home.
Financial Overview
The company’s payer mix is 62% HMO, 25% Medicare, and the balance private pay. Gross Revenues have been steady over the past few years but have seen an increase lately due to several competing sleep labs closing. In 2023, they grossed $893,953 with a net income of $229,037. They are currently on pace to reach $950,000 in gross revenue in 2024 with a net income margin in the 25% range.
Staff Overview
The staff is expected to stay on, and the seller is willing to discuss staying on to manage the lab. This is an ideal acquisition for a respiratory group, multispecialty clinic, or physician group that would like to diversify their portfolio for passive income. The lab requires very little onsite time from the principal to run efficiently.
Asking Price
The asking price for this opportunity is $800,000.