High Growth Medical Lab With Medical License
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $880000
Net Profit / Cash Flow $105000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2000
Number of Employees 20 - 34
Inventory $500000 estimated
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Training One month free. Willing to negotiate for more.
Reason for Sale Owner has other business interests.
Description High growth Medical Lab in Kern County which provides a variety of testing services with most testing occurring at the doctor's office or patient's location. The business includes a MediCAL license which is no longer being offered by the state of California. The new owner will need to be a licensed doctor or clinical lab scientist. This is not an absentee opportunity.
Facilities: The business is situated on the first floor of a stand alone building with private and on street parking. The facility is located within a mile of major freeway and has XXXX sq ft of space for the businesses. The current owners lease the space for the next four years.
Competition: Industry has both small and large companies serving the market. There are some barriers to entry in that a trained doctor or lab scientist is required to run the lab and the capital equipment requirements are high.
Support/Training: One month free. More training as negotiated.
Marketing/Sales: The company performs limited promotional activities.
Contact for more information on this Medical Lab for sale.
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