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For Sale: Clinical Laboratory - Established Over 30 Years - Los Angeles, California

Los Angeles, California
Health and social services
Company Data
Price
$40.0M
19%
Revenue
$54.0M
Top 10%
Profit
$10.0M
4X
Business Overview
About the Company
For over 30 years, this established full-service clinical diagnostic laboratory has been providing a wide array of testing services. The company employs over 200 employees in Southern, Central California, and Nevada. The company's customers include smaller laboratories and clinics and employ pathologists, microbiologists, bioanalysts, clinical chemists, and clinical laboratory specialists. Insurances: 5% HMO, 35% PPO, 5%, Medical, 30% Medicare, 25% Private: Blue Cross, Blue Shield, Aetna, United Healthcare, and Cigna. The laboratory used restructuring in the industry to expand rapidly, with about 20% growth per year. The HQ is 15,000 sq. ft plus dozens of locations and collecting places, total rent of $100,000 per month. FF&E of $750,000 is included. Grossing $54M, netting 10M per year. Only 20% of the total revenue is attributed to COVID-19 testing. Detailed and updated information is available upon executed NDA and buyer's qualification To get more information about this Clinical Laboratory - Established Over 30 Years business for sale in Los Angeles please phone Sasa Milosevic (Broker - BRE License #:01516168) at 310-922-0936 and 310-314-1144 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #277316 on BizBen.com. In addition to phoning Sasa Milosevic, make sure you email Sasa Milosevic above to get more info about this Clinical Laboratory - Established Over 30 Years, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01516168. Manhattan Biz.
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