Turn-key CLIA-COLA High Complexity Lab in SouthWest

TX

lab scientists
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Asking Price: $1,450,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Turn-key CLIA-COLA High Complexity Lab in SouthWest

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Business Description

High Capacity Customizable Lab – Blood, Urine, PCR, Toxicology

This high-complexity Lab can perform blood tests, urine tests, screening and confirmatory toxicology tests, and PCR tests such as upper respiratory and GI infection tests. The Lab is valued on the basis of its turn-key nature, paid off assets including two fully validated LC-MS systems, existing CLIA and COLA licenses, Medicare and several Medicaid contracts from multiple states, and most importantly coveted BCBS contract. For someone who starts a Lab from scratch, it would take 18-24 months to get all these credentials, which would mean lost revenue. The lab has almost all the equipment completely paid for. It has two LCMS systems that are functional, validated, and fully paid off. Buyer is expected to bring his or her own business to the lab.

SERVICES
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It’s testing capabilities include:

• Molecular PCR (upper respiratory, GI)
• Toxicology
• Pharmacogenomics (outsourced)
• Chemistry
• Hematology
• Coagulation
• Immunoassay
• Urinalysis
• Microbiology
• Rapid Testing

ASSETS
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Main equipment include:

• Biofire 4 Film Array molecular testing (owned)
• Luminex molecular testing for women’s health panels (reagent contract)
• 2 AB Sciex 3200 Qtrap (owned)
• Cobas E411 (owned)
• Ortho Clinical Chemistry and Immunodiagnosis (reagent contract)

KEY FEATURES
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• Turnkey high complexity lab ready with staff, some revenue, and most equipment paid off
• Very capable of doing Toxicology and high margin PCR tests
• In network for coveted BCBS insurance, Medicare, Medicaids of several states and also several HMOs
• Ideal for buyers with own volume
• Save 18-24 months and about $1.5 M in set up and running costs before getting CLIA/COLA and Medicare
• MAC Jurisdiction H served by Navitas
• Comes Debt Free (except for reagent lease on two equipment)

ASKING PRICE
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The asking price for this lab is $1.45 M. The price is based on fully paid-off assets, turn-key nature, and insurance contracts. It does not come with business.

Detailed Information

Business Website:
http://laboratoryforsale.com/clinical_lab.htm#2458
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(from currently available funds)
 
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Yatin Thakore

Business Listed By:
Yatin Thakore

TechnologyPark.com

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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