Company Overview
American HealthCare Capital is pleased to introduce a highly profitable, full-service, CLIA-certified medical clinical laboratory for sale that is licensed in all 50 states including the State of New York. They offer a wide array of custom solutions and services, from basic tests and preventive screenings to new innovative platforms that involve the latest technology.
Financial Overview
This Northeast business for sale is over 5 years old and has experienced consistent year-over-year growth. In 2019, they generated $8.3 million in revenue and $1.5 million in EBITDA. In 2020, they generated $11 million in revenue and $4.1 million in EBITDA. In 2021, they generated $15.1 million in revenue and $5.4 million in EBITDA.
They’re on track to generate $5.5M in EBITDA in 2022 and are projecting $8.5M in EBITDA in 2023 based on opening 2 new service lines and onboarding 10 new sales reps.
Asking Price
The asking price for this business for sale in the Northeast is $50 million. The owner is open to a partial earn-out.
