New Jersey Medical Consulting Firm

New Jersey, NJ

Asking Price: Annual Revenue:
$1,500,000 $3,253,213

Services: Medical, Dental

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RE: New Jersey Medical Consulting Firm Broker: Frank Caroselli

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $3,253,213
Net Profit: Not Disclosed
Cash Flow: $284,505
Total Debt: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: 12
BBN Listing #: 793338733
Broker Reference #: LINDENJ001-N644

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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 and accredited by The College of American Pathologists (CAP). It’s mission is to become the preferred comprehensive medical lab testing facility for patients and health care providers in the tri-state area. It’s focus is to provide the highest quality and best value lab tests as well as personalized customer service. Business Plan The plan is to aggressively increase the number of clients and revenue by promoting the lab’s level of quality and service. So far, year to date results for 2019 indicate that this firm is on target to hit the revenue forecast of $6 million (almost double last year’s revenue). . The plan also includes expansion by acquisition of additional reference labs and the building of Physician’s Office Labs (POLs) in each of the 50 states. The 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:

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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