Central New Jersey Medical Lab ideal for Commit...

Central New Jersey, NJ


Asking Price: Annual Revenue:
$3,000,000 Not Disclosed

Services: Medical, Dental


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RE: Central New Jersey Medical Lab ideal for Commit... Broker: Frank Caroselli
Owner Financing is Available!

Quick Facts

Asking Price: $3,000,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 12
BBN Listing #: 658238733
Broker Reference #: LINDENJ001-N770

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Business Overview:

This reference laboratory is a full service Clinical and Pathology lab. It is state of the art providing a complete range of tests for diagnosis, screening or evaluation of diseases and health conditions. It is certified under the federal government’s Clinical Laboratory improvement Amendments (CLIA) and operates in compliance with all government regulations. The lab is licensed in New Jersey, New York and Pennsylvania. It is accredited by The College of American Pathologists (CAP). Its mission is to become the preferred comprehensive medical lab testing facility for patients and health care providers in the Tri-state area. Its focus is to provide the highest quality and best value lab tests as well as personalized customer service. Business Plan: The long range plan is to aggressively increase the number of clients and revenue by promoting the lab’s level of quality and service. The 2020-2021 business plan is to provide the platform hub for a firm with committed COVID-19 testing in the northeast. The next step is to expand. The expansion will take place by acquisition of additional reference labs and the building of Physician’s Office Labs (POLs) in each of the 50 states. Expansion will allow this firm to facilitate the level of improved quality and service that the health industry deserves. A savvy buyer will be able to take advantage of this firm’s rapid growth and strong foundation of experience in improved lab service and construction. The ideal buyer will be an individual or firm who has knowledge, interest or experience in the medical diagnostic industry and wants to take part in building a firm that will ultimately be a dominant force in the tri-state medical arena.

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Reason for Selling:

Other Business Interests

Additional Details:

  • The property is leased.
  • 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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