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Genomic Testing Clinical Lab for sale

Price: $5,000,000

Annual Revenue: $8,707,000

Net Cash Flow: $1,516,000

Industry: Health Care

Location: Luzerne County, Pennsylvania

This business has an accepted offer. Please view our other Healthcare businesses for sale.

Unique opportunity to obtain a high-growth clinical laboratory started in 2019. The business is CLIA certified and specializes in genomic testing by use of a proprietary pharmacogenomics panel that is one of the most robust in the industry.

Testing lines include pharmacogenomics, cardiac genomics, and covid-19 was recently added. The lab is fully automated, with all in-house testing except for cancer genomics. Outside sales representatives generate the lead flow. 

Employees: Five full-time employees: (1) Lab Supervisor, (3) Clinical Lab Technician, (1) Customer Service Representative, and (1) Lab Staff Manager (5 hours a week).

Owners: Six owners, 3 are silent partners, and three that spend a total of 35 hours a week on finance, administration, and technical aspects of the business.

Facilities: 6,000 square foot leased facility ($6,400/month); landlord would be willing to extend or sell the property.

Inventory: $150,000

Equipment: $950,000 in value

Business Highlights

  • High growth industry (Genomic lab testing)
  • Direct to the consumer market
  • Expand sales representatives

Further details of the business will be revealed, however, only to those buyer prospects who are screened by the broker.

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