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Nov 2, 2018Full-service toxicology and clinical services laboratory accredited by COLA and CLIA with state-of-the-art equipment. Lab services include, but not limited to drug screening, drug confirmation, therapeutic drug monitoring, Hematology and Chemistry testing. The lab also provides monitored and observed pre-employment drug/lab testing.
Lab is situated in an excellent free standing location with in a heavy populated area ideal for walk- in clients. It is about to sign some new contracts which will triple its volume load in next 3 months and is also adding new services. It is credentialed with state Medicaid, Medicare, and the DEA for forensic drug analysis.
REVENUES: Current revenues are in the range of $1.2M per year but Lab is projecting annualized revenue to double within a year to $ 2.5 million. It is adding 2-3 clients a month and in the process of acquiring a large client.
PRICE: The asking price for the business is $950K. The price is based on the time and asset investment, on the current revenue, as well on expected increased volume in the current year, and the future growth potential. However, negotiable price, sellers financing, and firs 6 months free rent is possible for qualified buyers.
LEASE: 8,100 SQFT, $13,000/month plus NNN (free base rent for a while possible)
EMPLYEES: Full time 11 employees, one Medical Director (will stay).
EQUIPMENT HIGHLIGHTS: Equipment value about $1,700,000 in price included!
CELLDYN 3700
SIEMENS CENTAUR
BECK ACCESS II
SEBIA ANALYZER
CLINTEX STAUS UA
PHLE BOTOMIST CHAIRS (4) TELEPHONE SYSTEM (24); OLYMPUS AU680 AGILENT 6430 TQ SHIMADZU GC ANALYZER REFRIGIRATORS (13) COMPUTERS (32) OFFICE FURNITURE (60) CAMERA EQUIPMENT (11) OLYMPUS AU400E
PEAK DUAL NITRO GENERATOR WATER FILTRATION SYSTEM INCUBATORS
PRINTERS (25)
SHARP MX 620N COPY MACHINE (2) CENTRIFUGES (6)

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