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Businesses For Sale   >>   Medical and Dental Labs Businesses For Sale

Medical Testing Lab For Sale

Location  Mississippi,United States
Asking Price Range  < $250K
Gross Revenues  $160000
Net Profit / Cash Flow  $50000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2000
Number of Employees  1 - 3
Inventory  75000
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Yes
Reason for Sale  Other business interests

Description  
This 14 year old certified medical testing business for sale is great for a retired couple or medical professional seeking part time passive ownership of a profitable and easy to run business. This draw site / lab is a well-established local company offering a wide array of walk-in lab services to include DNA testing, drug and alcohol testing, employer and DOT approved physicals, EKG, Allergy testing and full service lab collection site for multiple national laboratories and local doctors. This lab welcomes doctor ordered labs and can perform over 3000 lab tests through established multiple accounts. Direct access to lab testing is the company's newest promotion and it has been a hit with the locals. Very low overhead and high growth potential with little local competition makes this a gem. Main business focus of this draw site/ lab seeks to provide quality lab services 80% below the cost of its competitors, which has made the lab a hit with locals. This model has proven its success for 14 years and continues to excel in the local environment Lab comes with 60 plus active companies that have used the lab for many years and currently is marketing its own clients for newly added services such as wellness testing for employers and individuals at 80% less than its competitors. Lab has adopted and implemented an operating plan that models federal DOT guidelines for drug and alcohol testing and OSHA compliance. Lab staff phlebotomists are nationally certified and the company is nationally registered and recognized by many national companies and labs which generate continuing referrals for the lab on a national level. The new owner need not be certified and there are no medical licenses to obtain to run/own this business, no medical experience needed and no lab experience needed. Business occupies about 1,800 sq ft of leased space with low monthly rental of $500. There is an active website that directs customers to the lab. Business is located near the


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