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Medical Lab Testing Business For Sale in Florida

By July 18, 2022No Comments

Medical Lab Testing Business For Sale in Florida
Fort Lauderdale, FL (Broward County)
Seller Financing Available

Asking Price: $5,300,000

Cash Flow: $5,160,080

Gross Revenue:
$12,635,576

FF&E: $256,000

Inventory:
$28,000

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.

Location: Fort Lauderdale, FL
Inventory: Included in asking price
Real Estate: Leased
Building SF: 10,500
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 some of the top locations in the country mostly in Florida.

Growth & Expansion:
Lots of ways to increase the amount of tests offered at each location including tests for hormones, food allergies, testosterone, diabetes and all kinds of other blood tests.
Financing: Seller 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: Seller has to focus on other businesses they currently own.