Tech-2562: Brand New Clinical Lab For Sale (CO and CA Licenses)

Clean CLIA – Save Time for Set-up and  Credentialing

Ideal for those who can Bring Business


chemistThis is a brand-new lab for sale, originally set up to test for providing rapid Covid results to the public. But it took over a year to get the lab set up, the equipment validated, get the CLIA certificate, and get into Medicare and Medicaid. By the time the lab was ready to start testing in April 2022, the Covid surge had waned, and the federal funding for free covid testing had run out.

The seller does not have a medical or clinical background and has other businesses that he wants to focus on, which is why he is putting this laboratory for sale in the market.

The buyer essentially gets a turn-key lab with no debt, validated equipment (validated for COVID and PGx), and a clean lab that has run just 375 PGx samples. The Lab also comes with Medicare, Colorado Medicaid, and Railroad Medicare. It has been applied for and awaiting CA Medical.  On top of that, the Lab has a California state license, which takes time to get, and hence can do business with the huge market of CA as well. A buyer who can bring business can get started quickly and save one year in time.

The lab is in a medical facility with 2,600 sq. ft. of laboratory space, offering plenty of space for expansion.

Equipment and Inventory

The Lab comes with about $500K of equipment and inventory (about $290K of brand-new, sparsely used equipment and about $190K of supplies and inventory. Everything is fully paid for, and there is no debt in the company.

Opportunity Highlights

  • – Brand New Lab – Clean Clia (only 375 PGx samples run)
  • – CO, CA Licenses plus Medicare, CO Medicaid, Railroad Medicare, and pending CA Medical
  • – About $500K of Equipment and supplies (debt-free)
  • – Seller spent over 1 year to set up and get licensing and credentials – Buyer can start almost immediately
  • – High Complexity Lab – Buyer can add to the test menu and capability
  • – A large attractive space of 2,600 sq. ft. allows for the expansion of the business
  • – The owner can stay on as a consultant for help in getting started, business expansion, and smooth transition

Asking Price: 

At a revised asking price of $325K, it is priced to sell. Includes about $500K of debt-free equipment and inventory

Note: This business is being marketed in cooperation with Sunbelt Business Brokers of Colorado, the listing brokers.

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