Boutique Lab with PPOs, Medicare, Medi-Cal, optional RE and AR

Seller Financing Available

Clinical lab with contracted PPOs, Medicare, Medi-Cal, full service laboratory with Chemistry and Pathology CLIA and COLA, many modalities. Great building and setup (used for equipment producers advertising).

Pristine facility (building owned by seller, also for available to purchase) of about 11,000 SF is paying rent of $25,000 per month. New lease with option is possible.

One working owner, 28 FT and 4 PT employees (3 Medical Directors, 3 CLS), with monthly payroll over $120,000. Working in three shifts 24/7.

Most of equipment is on reagent rental, however FF&E is estimated minimum $450,000 – included in price. Business has no debts or liens.

There is lot of space for optimization and business expansion, business current discretionary earning of $750,000 could be improved significantly with new management.

Again, the right buyer for this laboratory is the one who needs great location.

Extra options:
Business Building is prime real estate (upper floor rented) and is available for apprised value (around $7M expected).
Accounts Receivables (book value 30M, about 2M to 5M easy collectable) can be sold with the business for extra. Total price: $6,500,000.

Example of price allocation:
Business $5,000,000
RE $7,000,000
A/R 2,000,000
Total consideration $14,000,000