South OC Lab with Medicare, Medi-Cal, Accounts! - Business for Sale
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Molecular Diagnostics Laboratory in Southern California
CA, US
Added 3 months ago
Healthcare, Medical, & Fitness
6 years in business
Retiring Owner
CLIA-accredited molecular diagnostics laboratory in Southern California specializing in PCR-based infectious disease testing for hospitals and skilled nursing facilities.
Key Information
Asking
$350K
Revenue
$1.8M
Earnings
–
Multiple
–
Key Highlights
- Monthly payroll is approximately $15,000; facility rent is $9,200/month (Triple-Net); monthly operating expenses are approximately $60,000 (business is currently break-even)
- Established in 2020 as a California S-Corporation
- CLIA-accredited, Medicare and Medi-Cal certified molecular diagnostics laboratory specializing in PCR-based infectious disease testing
- Provides testing services to approximately 60 hospitals and skilled nursing facilities throughout California
- Facility size is 5,000 square feet
- Equipment worth about $150,000 is included in the price
- LabDaq LIS with LabNexus portal; LIS LABDAQ costs $750/month and purchase agreement must be assumed (cancellation fee is $70,000)
- IT, billing, and logistics are fully outsourced; outside billing is 5%
- A recent agreement assigned for 4,000 tests per month
- 30 facilities with 50 accessions per day
Contact Info
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