Lab, Medi-Medi, Staff, Equipment, Partnership Preferred, Write-off

Orange County, CA

Seller Financing Available

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Asking Price:$1,500,000
Rent:$3,000
Established Year:2022
Inventory:$50,000
FF&E:$1,500,000
BUSINESS DESCRIPTION

Big, spectacular clinical laboratory, fully equipped for infectious diseases testing, chemistry, and toxicology, with active Medicare and Medi-Cal.

Seller is motivated to any deal and note. Business can be purchased with very little down plus there is nearly 2M write off opportunity on corporate books.

Over wo years established, serving cash and Medicare/Medi-Cal patients (other insurances pending).

Laboratory is in Southern California, in the property of 3,000 Sq.Ft. leased until end of 2029, with 5 years option. Lease Is $3,000/month.

Nine full-time W2 Employees, two part-time, payroll $70,000 month (two working owners)

Equipment worth about $1,550,000 is in price included.

Perfect buyer would be a partner who has own accounts or marketing plan – so the laboratory capacity can be used. On current P&L are lot of non-related and overhead costs: space for lot of improvement and costs cut are available. New accounts and fresh blood are the must. However.

Due lot of investment, new shareholder can have 1.5M write-off potential from his future taxes.

Lab is pro-forma appraised for pure replacement value: 2M total, with 1M down and 1M seller’s note – however seller is open to all ideas and offers, very flexible.


DETAILED INFORMATION
Location
Orange County, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,000
Lease Expiration
31/12/2029
Employees
14
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
$1,000,000
Reason for Selling
Not enough accounts for big lab. Needs partner, to go out of industry.
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Sasa
Milosevic
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Sasa Milosevic