Company Background
American Healthcare Capital is pleased to exclusively introduce a diagnostic lab service provider in the New Jersey area. The company consists of highly skilled lab technicians performing diagnostic tests ordered by physicians. Services include a wide range of tests from basic blood counts to specialized tests for various medical conditions. The company’s strategic location allows them to serve the tristate area.
The company’s trusted brand, state-of-the-art equipment, and knowledgeable staff has allowed them to grow tremendously over the years. They are also developing groundbreaking technology that will make diagnostic lab services exponentially more convenient.
The owner and all key staff members are expected to stay on post-acquisition.
Financial Information
In 2023, the company grossed $5.32 million in revenue with $2.235 million in EBITDA. In 2024, they are projecting $5.5 million in revenue with $2.5 million in EBITDA.
Location
The operations are based out of a 3,000 square foot facility that is secured by a multi-year lease with an option to extend
Asking Price
The asking price for this opportunity is $15 million.