71053-Drug Testing Laboratory


Seller Financing Available
71053-Drug Testing Laboratory

Asking Price:$1,500,000

Cash Flow:$250,000

Gross Revenue:$1,300,000





71053-Drug Testing Laboratory

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Business Description

Located in NE Oklahoma, this drug testing business specializes in Urinalysis, Alcohol and Hair & Nail Testing. This company will provide its clients with the highest quality of drug testing at an affordable price. The company provides on-site random testing (weekly, biweekly, and monthly) for an array of surrounding County schools. Courier pick-up is provided along with many more options including collection kits, mailing labels, and School Personnel training. Along with students, they also provide random DOT testing for School Bus Drivers year-round. Their collectors are friendly and professional as well as certified in Federal Regulated testing collections. The company also welcomes walk-ins at their facility. They have a modern, easy to use website that is approachable by customers. This company's goal is to provide the fastest, most accurate results to clients, offering an unbeatable turn -around time of one hour or less on negative drug screens.

This drug testing company has been in business since 2006 with the current ownership. After years of hard work and loyal customers standing true throughout the years, the current owners are ready to retire and see a new owner take it to the next level. This Oklahoma business for sale is a great opportunity to take a business that is already successful and build on that foundation to secure your future. This business has had a 10% yearly growth. The business could be operated in a hands-on or absentee fashion giving the owner the ability to enjoy a flexible schedule and as much control of business activities as desired. Out of their total revenue, 100% comes from drug testing and procedures. Inventory and equipment are included in the sale. More details Contact David Michaelson 214-815-0186.

Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
This is a 3,200 lease only property with the property being built in 1926 and has been remodeled with three floors and put in good condition. It is located in a high traffic location. The lot size is 50x150.
90% repeat clientele. This Oklahoma business for sale takes pride in their work and it shows in the way the lab is maintained as well as the quality service that continues to bring customers in again and again.
Growth & Expansion:
Increased advertising and adding sales person to attract more business would help to bring in more business.
Negotiable up to: 10.00 %
Support & Training:
The key staff will most likely stay on after the sale of the business. The owner is available for a reasonable transitioning.
Reason for Selling:
Approaching retirement.

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