Business For Sale

New Jersey Medical Consulting Firm

New Jersey, NJ

Asking Price: Annual Revenue:
$1,000,000 $1,122,324

Services: Medical, Dental

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RE: New Jersey Medical Consulting Firm Broker: Frank Caroselli

Quick Facts

Asking Price: $1,000,000
Annual Revenue: $1,122,324
Net Profit: Not Disclosed
Cash Flow: $609,624
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: 5
BBN Listing #: 737838733
Broker Reference #: LINDENJ001-N644

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Business Overview:

In 2013, the CEO of this firm embarked on an innovative idea of bringing a clinical lab service close to the community. He started building labs in physicians' offices, at a cost that was less than outsourcing the procedures. The benefits also include much quicker turnaround time for the medical provider/s as well as the patient. He is also building individual reference labs. This investment is for each of the reference labs to be built. As of March 2015, he already constructed 3 labs and another substantial lab is under construction. Projected revenue for each of the next 3 years for the reference labs increases dramatically from $1.1 million in 2017 to $1.9 million in 2018 to $2.7 million in 2018. The CEO is responsible for licenses, compliance and testing using a turnkey operations approach. The doctors contract this firm to perform the following activities: 1. Operating the lab 2. Hiring lab personnel such as phlebotomist/s and lab technicians 3. Generating results of each sample 4. Performing general maintenance of lab equipment Reference labs require supplies, such as re-agents. The amount and cost of supplies depend on the size of the POL. On an average, yearly cost of supplies per reference lab is about $xx,xxx. This firm is the wholesaler of supplies ordered by doctors.

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Reason for Selling:

Reason for Investment: To capitalize wholesale lab operations.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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