SoCal Lab, Medi-Medi, Staff, Equipment, Write-Off - Business for Sale
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Clinical Laboratory with Infectious Disease Testing in Southern California
CA, US
Added 1 year ago
Clinical Laboratory Services
2 years in business
Clinical laboratory in Southern California specializing in infectious diseases testing, chemistry, and toxicology, operating with active Medicare and Medi-Cal, and serving both cash and insurance patients from a leased 3,000 sq.ft. facility.
Key Information
Asking
$1.5M
Revenue
–
Earnings
–
Multiple
–
Key Highlights
- Business is a clinical laboratory located in Southern California
- Lab is fully equipped for infectious diseases testing, chemistry, and toxicology
- Active Medicare and Medi-Cal billing; other insurances pending
- Business has been established for over 2 years
- Leased property is 3,000 sq.ft., lease runs until end of 2029 with a 5-year option, rent is $3,000/month
- Nine full-time W2 employees and two part-time employees; monthly payroll is $70,000 (includes two working owners)
- Equipment valued at approximately $1,550,000 is included in the sale
- Seller notes a potential $2,000,000 write-off opportunity on corporate books and a $1,500,000 write-off potential for a new shareholder
- Pro-forma appraised replacement value is $2,000,000, with seller open to $1,000,000 down and $1,000,000 seller note, but flexible on terms
Contact Info
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