Medical Lab & Drug Testing Franchise
Location Washington,United States
Asking Price Range < $250K
Gross Revenues $193804
Net Profit / Cash Flow $13163
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2011
Number of Employees 1 - 3
Inventory 26500
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Orientation and training would be provided by the franchise.
Reason for Sale Owner is relocating to the east coast.
Description All the pieces are in place for an opportunistic entrepreneur to pick up this opportunity and take it to the next level. All the hard work that constitutes any start-up has been done and a new owner is poised to reap the benefits of an established, growing business, in a growing industry, located in one of the United States most desirable and prosperous cities.
Competition: The multi-billion dollar drug testing industry continues to experience strong growth, encompassing all areas of business, government, judicial agencies and school systems. It is a recession-proof industry that provides cost-savings to companies facing rising healthcare costs and poor employee production. The industry remains very fragmented with no national brand which presents a great opportunity to become part of the nation's largest drug testing franchise that emerging into the dominant national brand.
Expansion Potential: The Company currently is only operating in one location in one of the three protected territories it owns. The opportunity for scale-able growth to the north and south of downtown is available to new owner. New Products: The Franchise continually develops new products that add new revenue streams. Additional product lines can be added. In addition, the legalization of marijuana in Washington State will create a rapidly growing market for cannabis testing.
Asking Price: $139,000 (Recently Reduced!)
Contact Number: 206-527-7444
Click Here To Contact Seller
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