Drug Testing Laboratory

www.GlobalBX.com

Listing ID: 700339347

Listing Title: Drug Testing Laboratory

Quick Link: http://www.globalbx.com/listing.asp?bId=339347

Industry: Health and Medical

Industry Segment: Medical and Dental Labs

Country: United States

State / Province: Maryland

Area

City: Baltimore

Asking Price Range: $500K - $1.0M

Gross Revenues: $1,506,000

Cash Flow: $1,506,000

Cash Flow Type: EBITDA

Year Established: 2018

Number of Employees: 4 - 5

Business Description:
CLIA CAP accredited drug testing laboratory for sale in Baltimore, Maryland (serving MD/DC/VA). 1Yr old lab for sale. Sale comes with decent volume, currently in contract with several pain management doctors offices and addiction clinics. Instruments include Thermo Endura Tripple Quad LC MS MS System with Ultimate 3000 HPLC. Currently conducting confirmations on 22+ panels for 60+ drugs. Also include Drug Screening Chemistry Analyzer, running 16 panel screening with Oxy and Fent. Currently in network with Medicare, RR Medicare, Medicaid, Carefirst and BCBS; few others will be approved in a month including Aetna, Priority Partners, Amerigroup. August revenue (AR) is $125,500.00 from Drug screening and confirmatory testing. Monthly run cost is below $20,000. Also offering genetic testing for interested pain management doctors (currently genetic testing is send out). Possibility to sign another 8-10 pain management contracts in next 1-2 months; discussions are on-going. Well trained and experienced staff so very minimal effort needed from the owner. Chemistry analyzer is able to run blood testing (chemistry/immuno) if new buyer interested to expand to nursing home blood testing services. Priced for quick sale because owner is moving out of state.



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