30 yrs. lab, BC, BS, UHC, Health Net, Medi-Medi - Business for Sale
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Clinical Laboratory with In-Network Insurance in Los Angeles Valley
Los Angeles Valley, CA, US
Added 1 year ago
Clinical Laboratory Services
30 years in business
This is a 30-year-old, CLIA-certified full-service clinical laboratory located in a medical building in Los Angeles Valley, specializing in chemistry and pathology with in-network contracts from major insurers, Medicare, and Medi-Cal.
Key Information
Asking
$2.3M
Revenue
$1.2M
Earnings
$300K
Multiple
7.7x
Key Highlights
- Over 30 years in operation
- Located in a 2,000 sq ft facility in a busy medical building in Los Angeles Valley with rent of $6,000/month and 5 years remaining on lease plus a 4-year renewal option
- CLIA-certified, full-service clinical laboratory specializing in chemistry and pathology
- Holds grandfathered in-network PPO contracts (BC, BS, UHC, HealthNet), Medicare, and Medi-Cal, which are transferable
- Test volume: 200+ bloodwork, hormones, HIV tests per day; 180 pathology tests per month; PCR and antibody testing; 10+ daily Workers’ Comp & COVID tests
- Staff includes two medical directors/pathologists, two part-time owner-operators, four full-time and two part-time employees, plus additional drivers and billing support (6%)
Contact Info
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