*SOLD* TOXICOLOGY LAB IN SOUTHWEST — VERY PROFITABLE — HUGE UPSIDE

This is an opportunity to acquire an established and extremely profitable drug and urine testing laboratory. This business is completely turn-key and fully licensed, including a Medicare License, Medicaid License, CLIA Certification, and COLA Accreditation. The laboratory offers services to consumers, employers and providers. The lab is fully staffed, has strong client retention, and is debt-free. Clients come from all over the USA, and the business is not dependent on local providers. The lab has a huge upside potential and is only utilizing approximately 35% of its capacity. This lab operates without a dedicated salesperson or marketing team. The company comes with the option to purchase the A/R that would be adjusted for collection rates and discounted. 2016 revenue exceeded 9.3M with adjusted discretionary income of over 1.7M. 2017 is trending down due to the loss of a large client that has now been effectively replaced. Business also comes with $1.5M in sophisticated laboratory equipment. The seller is interested in either selling the business & moving on, or working for the new owners for an agreed-upon transition period. Seller is willing to consider financing on a case-by-case basis for up to 50% of the selling price.