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Medical Lab Testing Business For Sale in Florida

 

Fort Lauderdale, FL (Broward County)

Seller Financing Available
 

Asking Price: $2,900,000

Cash Flow: $1,152,000

Gross Revenue: $4,208,080

FF&E: $100,000

Inventory: $100,000

Rent: $14,500

Established: 2021

7 Medical Testing Locations & Medical Lab For Sale in Florida

Medical Lab Testing Business with seven locations. Business administers general health tests, drug & alcohol tests, STD tests, and testing for minor illnesses. Business has it's own CLIA certified laboratory to test all of the results. There are six locations in Florida and one location in Las Vegas, Nevada. All of these locations are open and staffed seven days a week. There is also a management team that manages the staff for all locations. Scheduling a test is easy and can be done online, over the phone or in person. Customers receive their own portal where they can receive results online. Business has over 1,500 5-star reviews online from customers.

Detailed Information

Location:
Fort Lauderdale, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
10,500
Lease Expiration:
10/1/2025
Employees:
27
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Each location is fully equipped and is any where from 900 to 1,300 square feet.
Competition:
Business has locations in of the hottest spots in the country mostly in Florida.
Growth & Expansion:
Lots of ways to increase the amount of tests offer at each location including tests for hormones, food allergies, testosterone, diabetes and all kinds of blood tests.
Financing:
Owner will finance 40 percent of the purchase price for a qualified buyer.
Support & Training:
Owner and management team can help familiarize buyer with the business.
Reason for Selling:
Owner has to focus on other businesses they currently owner.


Listed By: Lee Ossin

Background information

Reference:

400-04368MedTesting

Finance

Sales:

$4,208,080

Profits:

$1,152,035

Profit type:

Discretionary Earnings