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Listed by:

Manhattan Biz

Broker license number: 1516168

$1.5M LA Laboratory 25+ Years, Premier Insurance Contracts For Sale

Burbank, California - South, US
Asking Price:
$500,000 Inventory / Stock included
Sales Revenue:
$1M - $5M
Cash Flow:
$100K - $250K

Well-established California clinical laboratory with 27 years of operating history, fully equipped for clinical and molecular testing and holding highly desirable insurance contracts and credentials.

  • Asking Price: $500,000
  • 27 years established
  • Active Medicare and MediCal
  • Contracted with Anthem Blue Cross and L.A. Care
  • Stable, longterm referral base of private physicians and clinics
  • Diversified mix of insurance payors and accounts
  • Fully equipped for clinical and molecular testing
  • Approximately $150,000 of laboratory equipment included in the purchase price
  • Located in Los Angeles County, Southern California
  • Approximately 4,000 sq. ft. facility
  • Rent approximately $6,000/month

The laboratory has a long operating history, established credentials, valuable payor contracts, and a stable base of physician and clinic accounts.
Seller must exit the industry promptly for private reasons and is therefore flexible with a qualified buyer capable of completing a fast transaction.
Cash or otherwise immediately available funds required. No financing contingencies.
For similar laboratory acquisition opportunities, please contact Sasa Milosevic, specialized laboratory business broker with Manhattan Biz.

Property Information

Real Estate:

Lease

Leasehold Rent:

$72,000 per annum

Size in square feet:
4,000

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Personal

Years established:
1999

Other Information

Furniture / Fixtures value:
$150,000
Relocatable:
This business can be relocated

Listed by

Manhattan Biz

Broker license number: 1516168