Primary Category:Fitness & Health Care Businesses for Sale
The company started in 2019 providing mobile phlebotomy services for most routine lab tests such as the Complete Blood Count (CBC), Lipid Panel, Protime INR, and other routine blood tests in the Massachusetts area focusing on Assisted living facilities, nursing homes, and in-home services. Then the company expanded services into multiple states including Missouri, Illinois, and Tennessee. In 2021, the owners begun the build out of their testing lab facility located in the Greater St Louis area that begun service in Feb 2022. With this new lab, new panels, COVID and Drug Screening services with same day result turn-around is provided to Missouri and Illinois clients. All satellite locations are managed out of the Missouri lab. The company lab is both CLIA & COLA accredited and they accept Medicare and all private insurance. There is a Medical Director in place and all accreditations and contracts are transferrable.
This business is set up as a turn-key operation for a new buyer plus there is additional equipment to start up an additional lab. No special certification or experience is required for a buyer. Lab experience and medical billing is helpful knowledge to have but there are resources available to mitigate this. The owners are willing to train a new buyer for the first 12 weeks, then can provide fee-based consulting on an as-needed basis.
Seller financing is an option. Buyers interested in seller financing will be evaluated on a case-by-case basis.
Please complete our NDA here - https://zfrmz.com/3hlPw4zqQ0kW42K5SRbt and then we can chat about the business further. You can also reach out to [email protected] for more information.
Financial Information
$595,000
Asking Price
On request
Cash Flow
$505,646
Gross Revenue
$35,000
Down Payment
Yes
Financing
Business Location
City:
Greater St Louis Area
State:Missouri
Financing Comments
Seller financing is an option. Buyers interested in seller financing will be evaluated on a case-by-case basis.
Reason for Sale
Owner's health
Detailed information
Year Established:2019
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 2
Part-Time Employees:5
Contractors:N/A
Owner Worked Hours/w:N/A
Inventory Included: Yes
Inventory Value:
$20,000
Monthly Rent:
$1,800
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
$0
Building Size: 1250
FF&E Included?: Yes
FF&E Value: $206,889
Training/Support
The owners are willing to train a new buyer for the first 12 weeks, then can provide fee-based consulting on an as-needed basis.
Facilities
Assets include: all laboratory equipment, computers, office furniture, inventory, accounts receivables at the time of close.
Market Outlook/Competition
The market outlook in healthcare is only increasing. There are many viable growth opportunities for this business including: expanding services beyond the current locations, offering additional tests, opening an additional lab, increased marketing, etc.
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