Manhattan Biz – Business Investment is pleased to present the opportunity to acquire a profitable, full-service high-complexity clinical laboratory located in San Diego, California.
• Established: 2019
• Specialties: Pharmacogenomics (PGx), Molecular Diagnostics with MolDx Z Code (Mental Health, Pain Management, Cardiovascular), Respiratory Panel, and COVID PCR testing
• Historical Revenue: Exceeded $20M during peak COVID demand; stabilized at $2.4M gross post-COVID
• Current Financials: Gross Revenue: $2.4M+ annually, Net Income: $1M+ annually. Revenue Trend: Stable and growing
Insurance & Provider Contracts: Medicare, Medi-Cal, plus some more (will update)
Equipment has Estimated value of $600,000 ($250,000 paid off, included in sale price, $350,000 leased).
Lease Information: Size ~20,000 sq. ft., Rent Base: $16,525, CAM: $4,230, Utilities: $850/month. Security deposit: 20,105. Location: Centrally positioned in San Diego, accessible and convenient for clients and operations.
Reason for Sale Owner is pursuing other business interests.
Ad#:2419480