Genomic Testing Clinical Lab for sale

Not Disclosed, PA
Luzerne County

Asking Price: Annual Revenue:
$5,000,000 $8,707,000

Services: Professional

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RE: Genomic Testing Clinical Lab for sale Broker: John Geaneotes

Quick Facts

Asking Price: $5,000,000
Annual Revenue: $8,707,000
Net Profit: Not Disclosed
Cash Flow: $1,516,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 230826891
Broker Reference #: Not Disclosed

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Business Overview:

Testing for pharmacogenomics, cardiac genomics, and covid-19

Unique opportunity to obtain a high-growth clinical laboratory started in 2019. The business is CLIA certified and specializes in genomic testing by use of a proprietary pharmacogenomics panel that is one of the most robust in the industry.

Testing lines include pharmacogenomics, cardiac genomics, and covid-19 was recently added. The lab is fully automated, with all in-house testing except for cancer genomics. Outside sales representatives generate the lead flow.

Employees: Five full-time employees: (1) Lab Supervisor, (3) Clinical Lab Technician, (1) Customer Service Representative, and (1) Lab Staff Manager (5 hours a week).

Owners: Six owners, 3 are silent partners and three that spend a total of 35 hours a week on finance, administration, and technical aspects of the business.

Facilities: 6,000 square foot leased facility ($6,400/month); landlord would be willing to extend or sell the property.

Inventory: $150,000

Equipment: $950,000 in value

Business Highlights

High growth industry (Genomic lab testing)
Direct to the consumer market
Expand sales representatives
Further details of the business will be revealed, however, only to those buyer prospects who are screened by the broker.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Additional Details:

  • The property is leased.
  • The owner is not 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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