One-year old Lab at close to Break-Even Point Seeking a Strategic Partner.

This lab is in a very affluent location in South East and sandwiched within 20 miles of two larger cities. Apart from a local hospital's lab, it has no other competition in the town. The lab is also near a large defense facility which has some 35-40,000 contractors.

Having spent the initial 6-9 months in getting credentialed by CLIA and getting accepted in most important insurance networks, the lab started its commercial activities in 2016 and slowly trying to expand its customer base. Currently it has three nursing homes as clients. 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 $800K in buying equipment as well as in start-up costs. The main assets are Roche Cobas 6000 Analyzer, Sysmex SX 1000i Hematology Instrument, Orchard Harvest LIS System, and Sysmex CX 620 Coagulation Analyzer.

The lab is in network with almost all of the important insurance companies. Most important commercial insurance is Blue Cross Blue Shield, which accounts for about 80% of the revenue.


The lab has started commercial operations only since January, 2016. In the second quarter of 2016, the lab on an average was making about $15-20,000 in revenue and was close to breaking even.

The lab has about $450K of assets and in all has spent about $800K between buying assets and in start-up costs.

Posted Aug 25, 2016

Did you know that social networking is a great way to buy a business? Sign up now and we'll show you how.

By clicking "Sign Up" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.