LISTING ID: 36134
Rare Opportunity for a partnership to re-start a previously successful Medical Laboratory!
This well-equipped and historically profitable full-service medical laboratory has an extensive inventory of state-of-the-art equipment ($1.25 million replacement value).
complete inventory list is available. This is an excellent opportunity for existing laboratories to expand or branch out.
The owner seeks a partnership infusion of $350,000. Note: this is a turn-key opportunity.
The owner will use the proceeds from the sale to pay off some company debts.
The owner will then be able to restart this once profitable medical laboratory business with his expertise, client contact list, and key employees.
It is estimated that the business could be up and running within 45–60 days.
Currently, there is an amount. of $200K–$900K in receivables still in their billing system, which would be unlocked upon partnership closing.
On the operational side, the business has all policies, procedures, quality certifications, and regulatory documentation in place.
Historical note: This business has been operational since July 2018 and was doing 14,000 patient test results per day with $1 million in gross income per month at its height in April 2021.
The current state is due to the owner's unfortunate personal issues. Upon executing our vested online NDA (Premium Buyer Status), we can set up a teleconference with the owner to discuss details and see if a partnership is agreeable to both sides.
If interested, the next step is to go to LOI / Due Diligence. During this process, all documents—licenses, financials, certifications, and lease agreements—will be reviewed and shared. This step will determine a path forward or a pass and will require proof of funds prior to starting.
Excellent opportunity for an existing company seeking to grow by acquisition, private equity, or venture capital with expertise in the healthcare industry.
Contact the listing broker, Gary Meyn
