Big World-Class, Full-Service Laboratory, Growing Mode, 30M Gross
Asking Price: | $24,000,000 |
Rent: | $92,000 |
Gross Revenue: | $30,000,000 |
Established Year: | 2003 |
Large, well branded clinical laboratory, one of the biggest privately held in California. Over 2,000 tests per day (only few in California are that size).
This full-service laboratory is located in LA County, California, in the property of 50,000 Sq. Ft. leased until 2027, option possible, RE-purchase as well. Lease Is $92,000/month (all NNN included). Real Estate is available for purchase
287 full time W2 Employees, payroll $1,200,000 per month. Good management team in place.
Equipment worth over 1M is in price included.
Business is grossing over $30,000,000 per year, with intentionally low net margin, due orientation toward growth and market share in past years. Projected $5M/year.
Seller’s note offered: $12,000,000 even earn-out note
Reason is for sale is decision of owners, having investments in multiple industries, to change direction and priorities.
Lab is run and managed by experienced team, who follows shareholders directions. Lab services large areas of Los Angeles and Riverside counties, doing more than 2,000 tests per day, – the stage is set, now is the time to cash and roll it up.
Reason is for sale is decision of owners, having investments in multiple industries, to change direction and priorities.
Contact laboratory broker Sasa Milosevic from Manhattan Biz for details or more laboratory opportunities.
As an alternative to a direct lab purchase, consider our fund as a way to access the industry with less commitment. Our diversified portfolio offers exposure to lab assets without the need for individual management. Contact me to discuss how this could fit into your investment strategy.
Contact laboratory broker Sasa Milosevic for details or more laboratory opportunities
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