30 yrs. old clinical lab, PPOs BC, BS, UHC, HealthNet, Medi-Medi
Business Description
Long-established laboratory with grandfathered in-network insurance contracts — including with major providers no longer extending such agreements to privately held labs.
Location: Busy Medical Building in Los Angeles Valley | Gross Revenue: $1.2M/year | Net Profit: $300K/year
Private PPO Contracts + Medicare + Medi-Cal + Pathology | Over 30 Years in Operation
Rare opportunity to acquire a fully operational, CLIA-certified full-service clinical laboratory with valuable and transferable PPO contracts (BC, BS, UHC, HealthNet), Medicare, and Medi-Cal (active since before 2001). Lab specializes in chemistry and pathology, with broad diagnostic capabilities and multiple modalities.
Revenue Breakdown:
• PPO Insurance: 35%
• Medicare: 25%
• Medi-Cal: 20%
• Cash (20+ referring MDs): 20%
• Workers’ Comp & COVID testing also active (10+ daily tests)
Volume:
• Bloodwork, hormones, HIV (200+ tests/day)
• Pathology (180 tests/month)
• PCR & antibody testing
Facility: Approx. 2,000 sq ft | Rent: $6,000/month
Lease: 5 years remaining + 4-year renewal option
Staff & Structure:
• Two medical directors/pathologists
• 2 part-time owner-operators
• 4 full-time + 2 part-time employees
• Additional drivers and billing support (6%)
Highlights:
• All of revenue expected to transfer to new owner
• Zero marketing or sales currently – upside potential
• Private PPO contracts no longer attainable make this a truly rare acquisition
For More Information & Additional Opportunities contact Licensed Laboratory Broker, Sasa Milosevic - www.Manhattan.Biz
Location: Busy Medical Building in Los Angeles Valley | Gross Revenue: $1.2M/year | Net Profit: $300K/year
Private PPO Contracts + Medicare + Medi-Cal + Pathology | Over 30 Years in Operation
Rare opportunity to acquire a fully operational, CLIA-certified full-service clinical laboratory with valuable and transferable PPO contracts (BC, BS, UHC, HealthNet), Medicare, and Medi-Cal (active since before 2001). Lab specializes in chemistry and pathology, with broad diagnostic capabilities and multiple modalities.
Revenue Breakdown:
• PPO Insurance: 35%
• Medicare: 25%
• Medi-Cal: 20%
• Cash (20+ referring MDs): 20%
• Workers’ Comp & COVID testing also active (10+ daily tests)
Volume:
• Bloodwork, hormones, HIV (200+ tests/day)
• Pathology (180 tests/month)
• PCR & antibody testing
Facility: Approx. 2,000 sq ft | Rent: $6,000/month
Lease: 5 years remaining + 4-year renewal option
Staff & Structure:
• Two medical directors/pathologists
• 2 part-time owner-operators
• 4 full-time + 2 part-time employees
• Additional drivers and billing support (6%)
Highlights:
• All of revenue expected to transfer to new owner
• Zero marketing or sales currently – upside potential
• Private PPO contracts no longer attainable make this a truly rare acquisition
For More Information & Additional Opportunities contact Licensed Laboratory Broker, Sasa Milosevic - www.Manhattan.Biz
About the Business
- Years in Operation
- 30
- Number of Employees
- 6
- Currently Relocatable
- Yes
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $6,000.00 per month
Listing Info
- ID
- 2391422
- Listing Views
- 440
Listing ID: 2391422 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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