Medical Laboratory Partnership Sought in Texas - 36134

Financing

$350,000 Down and

Business Description

Rare Opportunity for a partnership to re-start a previously successful Medical Laboratory! This well equipped and historically profitable full service medical laboratory has an extensive inventory of state of the art equipment ($1.25m replacement value). Complete inventory list is available. This is an excellent opportunity for existing laboratories to expand or branch out. The owner seeks a partnership infusion of $350,000. Note, this is a turn key opportunity. The owner will use the proceeds from the sale to pay off some company debts. The owner will then be able to re-start this once profitable Medical Laboratory Business with his expertise, client contact list and key employees. It is estimated that the business could be up and running within 45-60 days. Currently there is an est. of $200K-$900K in receivables still in their billing system which would be unlocked upon the partnership closing. On the operational side the Business has all policies, procedures, quality certifications and regulatory documentation in place. Historical note - This business has been operational since July, 2018 and was doing 14,000 patient test results per day with $1M gross income per month at it's height in April, 2021. Current state is due to owner's unfortunate personal issues. Upon executing our Vested online NDA (Premium Buyer Status) we can set up a teleconference with the owner to discuss details and see if a partnership is agreeable to both sides. If interested, next step is to go to LOI / Due Diligence. During this process all documents, licensure, financials, certifications, lease agreements will be reviewed / shared. This step will determine a path forward or a pass and will require proof of funds prior to start. Excellent opportunity for an existing company seeking to grow by acquisition or private equity or venture capitalist group with expertise in the healthcare industry. Contact Listing Broker, Gary Meyn at 210-912-0120 for additional information on this opportunity!

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