One-year old Lab at close to Break-Even seeking buyer to take over business.

This lab is in a very affluent location on the West Coast of Florida.

Having spent the initial 6-9 months in getting credentialed by CLIA as a High Complexity Lab and getting Medicare Certification along with trying to get accepted into insurance networks, the lab started its commercial activities in 2016 and slowly trying to expand its customer base. We are working with Physician Offices, ALF's, Home Health Agencies and Nursing Homes. The Lab also provides home blood collection services. Having set up a strong base for building revenue, the Lab is now looking for a strategic partner who can fuel growth for the lab. Although the Lab is not currently set up to do toxicology or Genomics, it can do get this capability within about 2-3 months.

The Lab does routine blood work, coagulation studies, hematology, and also provides mobile phlebotomy services.

The Lab has spent about $900,000 in buying equipment as well as in start-up costs. The main assets are Siemens Advia Centaur, Siemens Advia 1800, Siemens Versacell X3 Analyzer Sysmex SX 1000i Hematology Instrument and Sysmex CX 600 Coagulation Analyzer.

Posted Sep 30, 2016

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