Medical Lab, Andrology Testing, Sperm Bank
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $400000
Net Profit / Cash Flow $38000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1981
Number of Employees 1 - 3
Inventory 450000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Training 2 weeks at 20 hours per week following close of escrow.
Reason for Sale Other business.
Description This clinical laboratory for sale, established for 28 years provides all the services of an andrology laboratory including sperm bank. This laboratory is licensed as a full service Medical Laboratory and a Tissue Bank by the State of California, Department of Public Health, certified as a Clinical laboratory by the Centers for Medicare & Medicaid, U. S. Govt. and is registered by the U. S. Food & Drug Administration. Located in Los Angeles County, it serves clientele nationwide. Pioneered in reproductive medicine, the services include anonymous donor frozen semen samples, sex-selected frozen samples, sex selection of private donor semen, computerized semen analysis and blood testing of donors. Inventory includes over 5,000 anonymous semen samples and 200 private donor samples. Owner works one day/month. Revenue for 2008 was $254,00 and a net profit of $38,000 as absentee-run Lab. Price is $550,000 that includes $400,000 of inventory of frozen semen samples. Great potential to expand to other areas of clinical testing for diagnostic purposes. For more information, please email or call Rashid Khalid at (818) 342-5222 ext. 324
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