Description

Five years established sizable lab, specialized for toxicology services for Workers Comp (commercial accounts only). The owner co-owns the whole medical building (also for sale), and the compounding pharmacy in it (also for sale, separately or in package). The reason for sale is relocation and partially retirement.

Laboratory looks as new, best equipment worth $2.5Mil., on 3,100 SF.
14 full time employees, monthly payroll $70K.
CLIA and Medicare license are in good standing, but majority of insurances are pure workers comp, with a lot of accounts receivables ($70M, not in price included).
Laboratory has 8 groups as clients, 2 of them cover about 60% of gross (each about 30% o total gross). Seller is confident accounts will stay, but offers his engagement after the sale to secure the smooth transaction.

Posted Oct 16, 2016

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