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Well Known Specialized Healthcare Company In New Orleans

New Orleans, LA, USA
Updated 183 days ago
Established 1988

This thriving medical services business specializes in clinical trials, DNA testing, and general medical testing. Backed by a team of certified professionals, the company is known for its precision, efficiency, and high standards in sample collection and processing. Its strong reputation for reliability has helped build long-term relationships with a number of large clients across the region. The business also offers flexible mobile services, allowing it to serve clients at their convenience and further expand its reach. With solid profit margins, an experienced team, and growing demand for specialized testing services, this company represents an excellent opportunity for investors or strategic buyers in the healthcare space.

Location

Main office and two satellite locations that serve clients state-wide

Employees

25

Real Estate

Lease

Leasehold Rent

$8,600 per annum

Owner Financing

Owner financing is available. Please contact the seller for more information.

Support & Training

Ceo will train for 30–90 days, depending on the price.

Expansion Potential

The current owners have identified 2 main sources for growth. The first opportunity is to open more locations across the state in order to serve more clients. Owners have also identified industries to grow into and expand in order to diversify their revenue.

Competition / Market

The company has recurring revenue through clients and customers who have been with the company for years. These contracts keep competitors from poaching their current business.

Reason for Selling

The seller is open to some seller financing based on the purchase price.

Financials

Asking Price
$797K
RevenueMost Recent Year
$1.1M
Earnings (SDE)Last Reported
$205K
Assets Value
Undisclosed
Seller Financing
Yes

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