Running Lab with Staff In a Desirable Area In Metro Los Angeles, CA
Ideal for those who can Bring Business and want to start right away
This one-year old Lab is a CLIA and COLA-accredited high complexity Laboratory in the highly desirable area in Greater Los Angeles. It was set up for Covid testing and began its commercial operation after getting its CLIA accreditation on 5/23/22 and COLA accreditation on 9/20/22.
The Lab started as the COVID wave of early 2022 (Omnicron variant) slowly faded. The Lab did about 10,000 tests so far (mainly COVID tests).
The lab can perform COVID 19 and Flu Testing (Respiratory Viral Panel or RVP) today. The buyer can easily have the PCR machines validated for other panels. The buyer can expand its testing menu to include UTI, Women’s Health, GI, Nail Fungus, and other molecular testing panels. Of course, since this is a high-complexity laboratory, the buyer can bring in any blood, urine, or oral fluids tests. It depends on what the buyer would like to do.
Unlike many other closed-down labs currently in the market, this Lab comes complete with equipment, a nice setup in a modern medical Class B building, and competent staff to run the tests. So it is a turn-key Lab, making it easy for the new buyer to start immediately.
The estimated value of the equipment is about $260,000, plus significant inventory is also there. The equipment includes QuantStudio 5, Quantstudio 7 Pro, extraction units, safety hoods/cabinets, freezer, refrigerators, etc. The Lab equipment is fairly new (bought in late 2021), and since then, the Lab has run only about 10,000 tests so far, so they are lightly used. (Complete asset list is provided in a separate spreadsheet).
This turn-key Lab is available for $400K. It does not come with any revenue or business. The buyer will have to bring their own business.
Note: This business is being marketed in cooperation with Manhattan Biz, the listing brokers.