30 yrs. lab, BC, BS, UHC, Health Net, Medi-Medi - Business for Sale
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Clinical Laboratory with PPO Contracts in Los Angeles Valley
Los Angeles Valley, CA, US
Added 11 months ago
Clinical Laboratory Services
30 years in business
This is a 30-year-old CLIA-certified clinical laboratory located in the Los Angeles Valley, specializing in chemistry and pathology, with grandfathered in-network contracts with major PPOs, 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
- Lease: 5 years remaining with a 4-year renewal option
- Staff: 2 medical directors/pathologists, 2 part-time owner-operators, 4 full-time and 2 part-time employees, additional drivers and billing support (6%)
- CLIA-certified full-service clinical laboratory with transferable PPO contracts (BC, BS, UHC, HealthNet), Medicare, and Medi-Cal (active since before 2001)
- Test volume: 200+ bloodwork/hormone/HIV tests per day, 180 pathology tests per month, PCR and antibody testing, 10+ daily workers' comp and COVID tests
Contact Info
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