This established testing lab is a prime opportunity to own a respected business in a booming, recession-resistant industry. Since 2017, this lab has evolved from drug and DNA testing to offering a broad range of clinical services. During the pandemic, it delivered in-house COVID-19 testing and has since added phlebotomy and unique offerings like serum-based eye drops for chronic eye conditions.

Over the past 12 months, the business generated $179,765 in revenue and $46,393 in Seller’s Discretionary Earnings (SDE). Its standout performance during the pandemic shows the potential for this business to thrive when healthcare needs shift.

Revenue streams include employer drug testing, legal DNA testing, and clinical services. Growth potential is significant, with opportunities to market drug testing to DOT-regulated companies and expand DNA testing for legal and immigration purposes. A recent partnership with Any Lab Test Now further enhances clinical service offerings, opening doors to new revenue streams and broader market reach.

The lab also boasts a 4.8-star rating on Google, reflecting its strong reputation and commitment to excellent customer service. Located in a densely populated area between Baltimore and Washington, D.C., this lab benefits from proximity to major transportation hubs and a large base of businesses and consumers. The current owner works part-time, handling managerial tasks like accounting and ordering supplies, while an experienced lab technician manages daily operations. No medical experience is required, making this a turnkey opportunity.

With a strong foundation, excellent reputation, and clear paths for growth, this business is ready for a new owner to take it to the next level. Inquire now for NDA and to learn more!