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Aug 4, 2018Tox and Pharmacogenetic Laboratory, 2.5M Net, Audited Books

Very clean and attractive lab, good sellers, suitable and open for both, the partnership and straight sale.
Two working owners, 20 full time, 5 part time employees. Monthly payroll $100,000.
Lab size about 4,000 SF, monthly rent $6,000 (all included).
Growing business, currently 3,000 tests/month (90% tox).
For 3rd and 4th quarter planed 5,000 test/month: 30%tox, 20% PGx, 50% blood, 5% cancer.
Contracts: First Care IPA (300 insurances, all except Cigna and Anthem)- 3 times Medicare rates, Blue Shield, Medicare. Inhouse billing, extremely effective, true trade mark. All equipment paid off (market value over $600,000). Seller willing to train and stay as management, or even partners.

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