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Manhattan Biz

Full-Service Laboratory With Major Insurance Contracts For Sale

California, US
Asking Price:
$29,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$16,000,000
Cash Flow:
$6,000,000

Full Service In-Network Clinical Laboratory 20M Gross

Manhattan Biz is presenting a big, old, real full menu laboratory: all tests, all specialties, contracted with major insurances. Adding accounts and growing business daily.
Tests nicely spread across all specialties, great reimbursements, where it counts.

This is opportunity for investors with rolling ups appetite, combining with labs without in-network contracts. Owner is ready to stay in order to help and justify confidence in continued growth and success.

Footage over 10,000 SF, good lease with option. About 200 employees.

Equipment in value exceeding $1M included. Inventory around $150,000.

Bigger seller's note possible for qualified buyers.

Property Information

Real Estate:

Lease

Lease Terms:

Lease Expiration: 01/01/2030

Size in square feet:
10,000 sqft

Business Operation

Employees:
200
Years established:
46 years

Other Information

Financing available:

Seller financing available
10M

Furniture / Fixtures value:
$1,500,000 - included in the asking price
Inventory / Stock value:
$150,000 - included in the asking price
Relocatable:
This business can be relocated