Big World-Class, Full-Service Laboratory, Growing Mode, 30M Gross

Los Angeles County, CA

Seller Financing Available

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Asking Price:$24,000,000
Rent:$92,000
Gross Revenue:$30,000,000
Established Year:2003
BUSINESS DESCRIPTION

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


DETAILED INFORMATION
Location
Los Angeles County, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
500,000
Lease Expiration
01/01/2027
Employees
278
Facilities
Pristine branded building
Financing
$12,000,000 down, $12,000,000 as a note, or even earn-out note
Support & Training
Good management team in place
Reason for Selling
Owners is a consortium with decision sell
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Sasa
Milosevic
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Sasa Milosevic