Good Reputation Lab with Large Customer Database, Equipped for PCR/Gen

Asking Price$650,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&E$500,000
Included in asking price
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Good Reputation Lab with Large Customer Database, Equipped for PCR/Gen


Asking Price$650,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&E$500,000
Included in asking price

Seller Financing Available
Business Description
High complexity CLIA with certificate of Compliance, in good standing, with Medical Director, Equipment, and big customers database. Medicare is active, however offered for transfer only.

Lab is not serving accounts currently, due move out of state (as a pure software company) – however very active with clinical research and software development (proprietary LIS for paperless lab and support available). That part of business, and corporate shares are not for sale.

Company made $5M+ gross, and $2.8M net in 2023, however 75% was from COVID. The rest was molecular and cancer testing. After decision to move, and without COVID, owner decided to stop any testing, in September 2023.

The extremely satisfied customer base of over 400 referring physicians is available for the new owner. Seller shall make worm introduction of new owner to all former accounts. Even though no promises are made, and all promotion shall happen in good faith – this fact is huge unique selling proposition.

New owner will have equipment, staff, licenses, and initial customer base to start fresh “new” lab. “New” because the name, band, and shares are not for sale. Just licenses, business assets, and goodwill.

Laboratory is located in Irvine, California, in the property of 3,000 Sq.Ft. conveniently parted in 3 separate suites (separation for the new owner possible). Leased year by year. Lease Is $5,000/month.

Business has 7 employees, including Lab Director (seller herself), for $3,000/month.

Equipment worth about $500,000 is in price included. Equipment and fixture list:
- 2 Automation of cap opening and aliquoting from collection tubes to 96-well plate
- 1 Kingfisher
- 1 Centrifuge
- 2 Quantstudio 5
- 1 Quantstudio 7
- Freezer and Refrigerator
- 3 BSL hoods
- 2 PCR set up dead-air hood
- Automated Plate Stamping for 96 well plate and 384 well plate.

Call Manhattan Biz broker Sasa Milosevic for more details or similar opportunities…
About the Business
Years in Operation
6
Number of Employees
7
Currently Relocatable
Yes
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,000
Rent
Not Disclosed
About the Sale
Financing Options
$250,000
Listing Info
ID
2235651
Listing Views
1932

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Business Listed by: Sasa Milosevic Manhattan.Biz

Listing ID: 2235651 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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