1. Home
  2. Businesses for Sale
  3. New Jersey
  4. Healthcare Related Services
Business for Sale Summary

Medical Lab Assets for Sale in New Jersey - 36308

Business Type: assets only sale,misc. service/non-classifiable,other business services,other personal services,healthcare related services
Medical Lab Assets for Sale in New Jersey
Get Instant Access to the Business Financial Information

Take Action

This Listing Has Not Been Added to Your Portfolio Add this listing to your portfolio to view confidential financial info
View Financials Free Get the Address Click Here
*Some information is only available to registered members. Please login or register to view confidential information.
This business has received 10 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $700,000 Down Payment $700,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$700,000 Down and

Business Description

NEW JERSEY BASED HIGH COMPLEXITY MOLECULAR TESTING LAB Established in 2023 this is a non-operating COVID and Molecular Testing Laboratory the result of a partnership dissolution. Current partner is rightful owner of the lab. Lab ceased operations in February of 2024. The New Jersey Department of Health License and CLIA (Clinical Laboratory Improvement Amendments of 1988 through the Department of Health & Human Services) can be reactivated in a short time (3-4 weeks). Seller assistance to achieve licensing and certifications are a part of the sale. EQUIPMENT & BUILDOUT Equipment Includes: Quantstudio 5 Quidel Solana PCR (2) Kingfisher Flex Biosafety Cabinet Refrigerator & Freezer Appropriate Furniture & Fixtures Build-Out (modern laboratory/waiting area) = $600,000 FACILITY 1,860 SF ground-floor space inside secure centrally located close to major highways office building with ample parking. PERSONNEL Medical Director / Technical Supervisor / Lab Manager General Supervisor Generally available for re-hire upon new ownership re-starting operations. AUDIT / CLAWBACK RISK Given the limited previous billing, new buyer will be protected from potential and future Medicare and Payer audits. SERVICES COVID-19 RSS/hMPV Flu A Flu B Group A Streptococcus PGx Availability Internal Capabilities Participates In CAP proficiency Program Validation Studies Can Be Activated For License Reactivation PAYOR CONTRACTS Medicare NJ Medicare (Application in process) To learn more, please contact the broker Lee Jani at 732-233-8287.

In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.