Company Overview

PRIME exits and American HealthCare Capital are pleased to introduce one of the premier independent sleep disorder clinics for sale in California. Founded 20 years ago, this is a multi-location attended and ambulatory sleep diagnostic & consultation clinic, DME provider, and medical research/sleep equipment validation facility with four licensed locations in the heart of a highly populated part of the state.

Financial Overview

As a comprehensive, full-service sleep clinic, the company offers a wide range of diagnostic sleep services, including physician consultations, in-lab testing (PSG/MWT/MSLT/Titration), home sleep testing (HST), and therapy options and dispensing such as CPAP, Auto-PAP, and Bi-level devices. All locations utilize Alice5 equipment. 2022 revenues were $3.5 million with an adjusted EBITDA of $1.5 million. The diagnostic sleep clinic’s sites were closed from mid-2020 to the end of 2021, so revenues in 2021 and 2020 were $1 million and $1.32 million, respectively, with breakeven adjusted EBITDA after PPP loans. In 2019, revenues were $2.8 million with an adjusted EBITDA of $473,334.

Asking Price

The asking price for the sleep disorder and diagnostic clinic/center (excluding the proprietary operational management software) is To Be Determined. The owners are looking to sell to enjoy more time with their growing family. Existing staff is expected to stay on post-sale, and the owners are willing to assist during an agreed-upon transitional period and/or provide consulting services if requested.