Turn-key, Debt-free, CLIA Lab with coveted Insurance Contracts


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Asking Price: $2,500,000

Cash Flow: N/A

Gross Revenue: $1,100,000

EBITDA: $800,000


Inventory: N/A

Established: N/A

Turn-key, Debt-free, CLIA Lab with coveted Insurance Contracts

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Business Description

Ideal for Buyers who Can Monetize from In-Network Status

This is a 4-year old clinical laboratory serving skilled nursing home patients as well as referrals from doctors. It has most major insurances including Blue Cross, Aetna, United Health, Humana, Medicare and several Medicaids.

In 2018, the lab has done well and is on track to generate about $1.1M in revenue and about $800K in EBITDA. The profit margin is rather high for the lab is because half of its patients, particularly from skilled nursing facilities are uninsured and are cash patients.

The Lab offers STAT and routine blood and Urinalysis tests on site immediately after collection and results would be available same day. STAT results are available in an hour and others in 4-24 hours. Esoteric or complex blood tests would be collected and sent to Reference laboratory. It guarantees results for routine chemistry and hematology within 24 hours.

The lab is currently medium complexity but can become high complexity in about 3 months’ time by validating the instruments.

The lab comes completely debt-free as all equipment are owned. The owner is looking to sell because she wants to pursue her interests in a related healthcare field. The Seller is looking to pursue other professional interests.

The lab comes with the following major assets:

• Biobase Pearl (for general Chemistry)
• Triage (for Drug Screening)
• Afinion (for Hemoglobin A1c)
• Aimstrip Analyzer (for Urinalysis)
• QBC analyzer (for CBC)

• Turn-key profitable lab with CLIA, Medicare and hard-to-get commercial insurances
• Buyer would save time and money avoiding lengthy 12-18 month process of getting CLIA and Medicare licenses
• Profitable with high margins due to 50% cash-pay patients
• Debt-free

2018 projected revenue (from 11 months data): $1.1 M; EBITDA: $800 K

The asking price is $2.5 Million. The valuation is strictly based on its assets and the value of the coveted insurance contracts and not on the cash flow/EBITDA, which should be considered a bonus.

Detailed Information

Business Website:
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(from currently available funds)
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Yatin Thakore

Business Listed By:
Yatin Thakore


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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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