Listings

$1.8 Million Revenue Clinical Lab in Southeast Florida

Florida
Medical Labs
$800,000
$1,800,000
FLLAB1D

American HealthCare Capital is pleased to exclusively introduce a full-service medical laboratory for sale based in southeast Florida with a focus on introducing innovative diagnostics for physicians, clinics, and pharmaceutical clients. The company was formed in 2021. Services offered include Nasal Swab/Molecular (Covid, Influenza A&B, RSV, and hMPV), Blood (Chemistry, Immunology, and Hematology), and Urine (Urinalysis, such as Microscopic and Pregnancy). The lab is both CLIA and COLA certified.

Reimbursement is 50% through insurance, including commercial insurance, Medicare, and Medicaid, and 50% is cash (patient pay). In 2022, which was their first full year of operation, the company’s Gross Revenue was $6,541,440 with a Net Operating Income of $1,668,186 (26%). In 2023, they saw a sharp decline in revenue, which was largely attributed to a decrease in COVID testing demand, as well as the significant expense and time associated with validating the lab equipment for new tests. They grossed $1.8 million in 2023 with a net loss, but they expect to see growth in 2024 as they continue to onboard additional accounts with high volume. The seller expects the company to be profitable again by Q3 2024.

All staff are expected to stay on. The owner would like to pursue other business opportunities but will assist during a transitional period.

The asking price for this opportunity is $800,000, which includes all the lab equipment.



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