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Listed by:

Manhattan Biz

Equipped Lab With Medicare, Medi-Cal, Book Of Business For Sale

Orange County, California - South, US
Asking Price:
$350,000 Furniture / Fixtures included
Sales Revenue:
$720,000
Cash Flow:
Undisclosed

Overview
Spectrum Molecular Diagnostic Laboratory represents a rare opportunity to acquire a licensed, accredited, operational molecular diagnostics platform at a valuation significantly below replacement cost. The
laboratory offers established institutional relationships, recurring revenue, scalable
infrastructure, and meaningful growth potential.
No salespeople. All accounts are from the seller's 'old-guys network'.
Proximity to San Diego and Los Angeles is less than an hour's drive.

Spectrum Molecular Diagnostic Laboratory is a fully operational, CLIA-accredited
molecular diagnostics laboratory specializing in PCR-based infectious disease testing.
Established in 2020 as a California S-Corporation, the laboratory is Medicare and Medi-Cal
certified and provides testing services to approximately 60 hospitals and skilled nursing
facilities throughout California.
The laboratory has developed a strong reputation for reliable infectious disease testing and
maintains long-standing institutional relationships. The owner is seeking a sale solely due
to retirement, creating an attractive opportunity for a buyer to acquire a turnkey laboratory
platform with significant expansion potential.

Key Highlights

  • CLIA-accredited, Medicare and Medi-Cal certified laboratory
  • Established California S-Corporation since 2020
  • Approximately 60 contracted hospitals and skilled nursing facilities
  • Fully equipped PCR infectious disease testing laboratory
  • Experienced Medical Director in place
  • LabDaq LIS with LabNexus portal
  • IT, billing, and logistics fully outsourced
  • Large 5,000-square-foot facility suitable for future expansion
  • Recurring institutional client base
  • Significant untapped growth opportunities
  • No salespeople.
  • Outside billing 5%.
  • Big agreement just signed (4,000 tests/month)
  • LIS LABDAQ ($750/month) – Purchase Agreement to be assumed, cancellation is $70K
  • Equipment worth about $150,000 is included in the price.
  • 30 facilities, 50 accessions per day.

Financial Overview
2024 Revenue: $2.1 Million
2025 Revenue: $1.5 Million
Current Monthly Gross Revenue: Approximately $60,000
Payroll: Approximately $15,000/month
Facility Rent: $9,200/month (Triple-Net)
Monthly Operating Expenses: Approximately $60,000 (making the business break-even currently)

Operational Structure
Billing, IT, and logistics are outsourced, creating a streamlined and scalable operating
model. No internal sales force is currently employed, providing immediate growth
opportunities for a strategic buyer.

Property Information

Real Estate:

Lease

Lease Terms:

Lease Expiration: 12/31/2026

Leasehold Rent:

110 400 per annum

Size in square feet:
4,750 sqft

Business Operation

Expansion Potential:

Despite relationships with approximately 60 hospitals and skilled nursing facilities, the
company has never implemented a dedicated sales or facility education program. Many
clients utilize only a portion of the laboratory's testing capabilities. Significant upside exists through client engagement, expanded test utilization, additional PCR panels, dedicated sales efforts, and improved payer relationships.

Reasons for selling:

Seller involvement in another business opportunity.

Employees:
4 (2 Full-time, 2 Part-time)
Years established:
6 years

Other Information

Financing available:

Seller financing available

Furniture / Fixtures value:
$150,000 - included in the asking price
Inventory / Stock value:
$15,000
Relocatable:
This business can be relocated