Business Overview

Owners ready to retire. State-of the-art CLIA lab, fully equipped for full lab service. Excellent reputation with local physicians and clinics. ONLY lab (except the hospital) that offers same day service w/ lab results.
Only works with Medicare, PPO, & cash patients.
S-corp, fully licensed, easy transfer to new owner.
2000 sq/ft Lease is not an issue for assignment.
Fully staffed, however, you will need a new lab director. Open to transaction plan.


  • Asking Price: $524,995
  • Cash Flow: $149,099
  • Gross Revenue: $703,769
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2013

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:5
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Transition offered by owner./lab director for an agreed transition period

Purpose For Selling:


Additional Info

The company was founded in 2013, making the business 9 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons why people resolve to sell operating businesses. However, the real reason vs the one they say to you may be 2 absolutely different things. For instance, they may claim "I have too many other responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. But also, for some, these may simply be reasons to try to conceal the reality of transforming demographics, increased competition, current decrease in incomes, or a variety of other factors. This is why it is really essential that you not count entirely on a vendor's word, but instead, use the vendor's response combined with your total due diligence. This will repaint a much more realistic picture of the business's present scenario.

Existing Debts and Future Obligations

If the existing company is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your deal. Lots of operating businesses borrow money so as to cover points such as inventory, payroll, accounts payable, and so on. Keep in mind that occasionally this can indicate that profit margins are too small. Numerous companies fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may also be future obligations to consider. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with vendors that need to be fulfilled or might cause fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the location draw in new customers? Often times, companies have repeat customers, which develop the core of their daily profits. Specific factors such as brand-new competition sprouting up around the location, roadway building, and employee turnover can influence repeat clients and negatively influence future revenues. One important point to think about is the location of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Certainly, the more people that see the business regularly, the greater the possibility to construct a returning customer base. A last thought is the general area demographics. Is the business placed in a densely inhabited city, or is it located on the outside border of town? Exactly how might the neighborhood typical household income impact future earnings potential?