San Diego Clinical Lab, 2.4M Gross, 1M Net, Good Contracts
Business Description
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.
• 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.
About the Business
- Years in Operation
- 6
- Currently Relocatable
- Yes
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 6,600
- Rent
- Not Disclosed
- Lease Expiration
- 6/30/2026
About the Sale
- Seller Motivation
- Other interests and cashing out
- Financing Options
- $1,000,000 for qualified buyers only
Listing Info
- ID
- 2419480
- Listing Views
Listing ID: 2419480 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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