Illinois Medical Laboratory For Sale

Asking Price$599,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Illinois Medical Laboratory For Sale


Asking Price$599,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Turnkey Illinois medical laboratory business and asset sale. Includes CLIA license, COLA accreditation, full operations in chemistry (general lab), molecular (PCR) and toxicology (LCMS) testing. Medicare/Medicaid accepted. Monthly billing between $35,000-$45,000.
All owned equipment included: QuantStudio5, Kingfisher Flex, BioSafety Cabinet, Aution MaxAX-4030 Analyzer, DXu 840m Iris, Access 2 Immunoassay Analyzer, AU481-10E, DxH690T. Major payer contracts in place (Meridian Medicaid, Molina, Aetna Better Health, BCBSIL, County Care, Medicaid of Indiana, Allied Benefit System, Mdwise Health Plan, Zelis).

Asking price: $599,000.
Reference #9043413221.

Qualified buyer must have healthcare-industry experience and cash equivalent to purchase price set aside for investment.
About the Business
Facilities & Assets
CLIA License & COLA Accreditation (both active and in good standing)

Testing Capabilities: Chemistry (general lab), Molecular (PCR), and Toxicology (LCMS)

Owned Equipment:

QuantStudio5

Kingfisher Flex

BioSafety Cabinet

Aution MaxAX-4030 Analyzer

DXu 840m Iris

Access 2 Immunoassay Analyzer

AU481-10E

DxH690T

Established Insurance Contracts with major providers including Meridian Medicaid, Molina, Aetna Better Health, BCBSIL, County Care, Medicaid of Indiana, Allied Benefit System, Mdwise Health Plan, and Zelis.
Market Outlook / Competition
The Illinois diagnostic testing market remains strong, with increased demand for local PCR, chemistry, and toxicology services. This lab benefits from stable reimbursement contracts and trusted payer relationships across multiple states. While there are other independent labs in the Chicago metro area, few offer the same comprehensive testing menu and established payer mix within an already accredited facility.
Opportunities for Growth
Significant opportunities exist to:

Add clinical testing panels or toxicology volume through new partnerships with clinics and physician offices.

Expand into neighboring states under existing multistate Medicaid contracts.

Integrate telehealth or remote ordering platforms to capture additional referral streams.

Introduce private pay or employer testing programs to diversify revenue.
Listing Info
ID
2434513
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Business Listed by: AXL Equity AXL Equity Advisors

Listing ID: 2434513 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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