Opportunity to Acquire a Highly Scalable Healthcare Business

A good opportunity for searchers with a healthcare background. This is a well-established Clinical Laboratory Management Company that offers turn-key services for setting up clinical labs in physician group offices as well as for entrepreneurs and businesses, and then runs these under a  3-5 year renewable management contracts. The result is a business with recurring revenue and sticky clients. (Many of its clients have been with the company for over 20 years). The clients are currently in the South West, but the business is highly scalable and can be replicated in other geographic areas. The business can also be run from anywhere. 

FINANCIALS
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- Gross Revenue: $2.7M (2018)  ;Adjusted EBITDA: $529K ($590K via restructuring its distribution business*)
-Asking Price: $2.5 M

- Last year growth in the management business was 22%. 


*Company is divesting its low margin distribution division which inventories and supplies some of the instruments and lab supplies to its clients. But it is a low margin business and the seller is planning to divest it

More details at: http://laboratoryforsale.com/clinical_lab.htm#2443