Established Illinois Medical Laboratory
Not Disclosed, IL Not Disclosed
Chicago
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- RE: Established Illinois Medical Laboratory
- Contact: Jason Atty
Quick Facts
| Asking Price: | $599,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1000753 | |
| Broker Reference #: | 9043413221 |
Business Overview:
Turnkey Illinois medical laboratory business and asset sale. Includes CLIA license, COLA accreditation, full operations in chemistry (general lab), molecular (PCR) and toxicology (LCMS) testing. Medicare/Medicaid accepted. Monthly billing between $35,000-$45,000. All owned equipment included: QuantStudio5, Kingfisher Flex, BioSafety Cabinet, Aution MaxAX-4030 Analyzer, DXu 840m Iris, Access 2 Immunoassay Analyzer, AU481-10E, DxH690T. Major payer contracts in place (Meridian Medicaid, Molina, Aetna Better Health, BCBSIL, County Care, Medicaid of Indiana, Allied Benefit System, Mdwise Health Plan, Zelis).
Asking price: $599,000.
Reference #9043413221.
Qualified buyer must have healthcare-industry experience and cash equivalent to purchase price set aside for investment.
Contact Vallexa Advisors: 586-623-5616
Cash equivalent to purchase price set aside to invest from currently available funds required
– Healthcare-specific industry experience required –
View other available healthcare opportunities by clicking HERE
Thinking of selling YOUR healthcare agency? Find out how by clicking HERE
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
This fully operational Illinois medical laboratory includes all physical and intellectual assets required for immediate continuation of operations. The sale includes:
CLIA License & COLA Accreditation (both active and in good standing)
Testing Capabilities: Chemistry (general lab), Molecular (PCR), and Toxicology (LCMS)
Owned Equipment:
QuantStudio5
Kingfisher Flex
BioSafety Cabinet
Aution MaxAX-4030 Analyzer
DXu 840m Iris
Access 2 Immunoassay Analyzer
AU481-10E
DxH690T
Established Insurance Contracts with major providers including Meridian Medicaid, Molina, Aetna Better Health, BCBSIL, County Care, Medicaid of Indiana, Allied Benefit System, Mdwise Health Plan, and Zelis.
All assets are owned free and clear, allowing for a seamless transition of operations.
Contact Vallexa Advisors: 586-623-5616
Cash equivalent to purchase price set aside to invest from currently available funds required
– Healthcare-specific industry experience required –
View other available healthcare opportunities by clicking HERE
Thinking of selling YOUR healthcare agency? Find out how by clicking HERE
Market Competition and Expansion:
Market & Competition:
The Illinois diagnostic testing market remains strong, with increased demand for local PCR, chemistry, and toxicology services. This lab benefits from stable reimbursement contracts and trusted payer relationships across multiple states. While there are other independent labs in the Chicago metro area, few offer the same comprehensive testing menu and established payer mix within an already accredited facility.
Expansion Potential:
Significant opportunities exist to:
Add clinical testing panels or toxicology volume through new partnerships with clinics and physician offices.
Expand into neighboring states under existing multistate Medicaid contracts.
Integrate telehealth or remote ordering platforms to capture additional referral streams.
Introduce private pay or employer testing programs to diversify revenue.
Current billing averages $35K–$45K per month, with capacity to increase through marketing, provider onboarding, and additional test offerings.
Contact Vallexa Advisors: 586-623-5616
Cash equivalent to purchase price set aside to invest from currently available funds required
– Healthcare-specific industry experience required –
View other available healthcare opportunities by clicking HERE
Thinking of selling YOUR healthcare agency? Find out how by clicking HERE
Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Illinois businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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