One of the fastest growing Third Party Lab Testing Companies in the drug screening industry: drug, alcohol, DNA, steroid, employment/background screens and wellness testing.
Legal & Judicial servicing the court systems, social services, immigration as well as family practice, and criminal attorneys.
Small to medium size employers needing drug & alcohol testing, background screens, drug-free policy implementation and assistance with program compliance.
Direct consumer testing. Each owner will have a personal e-commerce site for their walk-in consumers.
Testing for Physician Services for small medical practices that do not offer in-house testing/phlebotomy services.
Key reasons new owners have invested in this business.
- B-2-B executive business model where the owner is responsible for growing and managing the business not working in the lab.
- The business operates on weekdays, in approximately 1500 sq. ft. office.
- A lucrative business in the medical industry with average gross margins of 70% plus.
- Need versus a want business in an exploding growth industry with fragmented competition.
- Referral partnership with Quest Diagnostics for consumer testing.
- 98% of our owners have no prior medical testing experience.
INVESTMENT INFORMATION
TOTAL INVESTMENT: $200,000 – $250,000
Minimum Net Worth: $400,000 Liquidity $100,000
Cash investment: $92,500 – Veteran Discount
To request a time for your FREE consultation, go to franselect.com or call 636-530-6925
