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#Business ID: 14593

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IMPORTANT PATHOLOGY LABORATORY AND BUILDING

Business Location: Nassau, New York, United States

Asking Price: $ 5,000,000 Revenue: $ 3,000,000 Cash Flow: $ 600,000

[Furniture / Fixtures included]
[Real Estate Included]

Business Summary

IN BUSINESS SINCE 1998, THEY PROVIDE PATHOLOGICAL ANALYSIS AND DIAGNOSTIC SERVICES FOR AMBULATORY SURGERY CENTERS, DERMATOLOGISTS AND OTHER INDEPENDENT MEDICAL PRACTICES. THEY PROVIDE 24 HOUR TURN- AROUND SERVICE AND ACCURATE DIAGNOSIS. They employ several pathologists who are either employees or contract service providers and trained lab technicians who provide these services. They have strong relationships with their clients and even have one satellite office on the premises at one important client.

Form of Ownership: S Corp
Historical Summary:
In business since 1998 an a LEADER in the Field.

Owner Qualifications:
BUSINESS EXPERIENCE NECESSARY. BUYER DOES NOT HAVE TO BE A DOCTOR.

Property Details

Years Established:

1998

Property Type:

Real

FF&E:

$ 300,000

Real Estate Value:

$ 2,000,000

Other Business Details

Business Location:

Option: BUILDING INCLUDED IN SALE Lease Security: 0 Type of Location: Stand Alone Facilities: A MODERN 2 STORY 15,000 SQUARE FOOT BUILDING. THE MEDICAL LAB OCCUPIES THE GROUND FLOOR AND THE LOWER LEVEL . THERE IS A TENANT ON THE UPPER FLOOR. THE BUSINESS HAS ALL STATE-OF -THE -ART EQUIPMENT AND IT HAS BEEN RECENTLY UPGRADED TO A NEW LABORATORY INFORMATION SYSTEM WHICH ALLOWS THEM TO PROVIDE PREMIUM QUALITY SERVICE AT A VERY COMPETITIVE PRICE.

Competition:

RARE TO FIND A GOOD COMPETITOR

Expansion Potential:

UNLIMITED WITH SALES AND MARKETING

Business Operation Details

Employees:

Full Time: 16 Managers: 1

Trading Hours:

8-5 M-F Owner Hours: 35

Support & Training:

SELLER WILL COMPLETELY TRAIN

Miscellaneous Details

Financing Available:

Yes
NEGOTIABLE

Reason For Selling:

RETIREMENT

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