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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
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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


$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.

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