Drug, Alcohol, DNA Non-Medical Lab

Orlando, FL (Orange County)

Drug, Alcohol, DNA Non-Medical Lab
Contact Seller

Asking Price: $130,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $18,051

Inventory: N/A

Rent: $1,550 /Month

Established: N/A

Drug, Alcohol, DNA Non-Medical Lab

Save Print Share Valuation Report

Business Description

9 to 5 Business model with no weekends

Fastest Labs offers drug, alcohol, DNA paternity, and background screening. They focus on SPEED and the customer experience. $1.5 billion growth industry. Fastest Labs will see clients within 5 minutes rather than a typical 1-hour wait at a medical facility, they send rapid test results immediately, rather than in 1 to 3 days and they can meet or beat competitor pricing. Low-cost start-up, high margins, 9-5 banker's hours and thorough franchisee training make a Fastest Labs drug testing franchise extremely appealing.

Detailed Information

Location:
Orlando, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
800
Lease Expiration:
11/1/2027
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located in an 800 square foot office facility. The office is fully furnished & equipped in like new condition. The hard assets valued at $87,845. This includes existing accounts the franchise helps procure. Recurring model; very little inventory; no real-estate; VERY SCALABLE; low working capital; very low overhead. Average Only 2 employees are required for this business. Our services are used by state, local and federal government, agencies.
Competition:
The market is very limited. There are some very large providers but they miss the mark when it comes to customer service and the ability to get the employees tested and back to work quickly. The average time for the test is 5 to 10 minutes and never more than 30 minutes to get in and out. Employers are appreciative of the Fast Service because their employees are back to work quickly. Our business is the cleanest of the lab & drug testing facilities, we provide accurate results, usually within 24 hrs, we have the highest service ratings in the industry, a
Growth & Expansion:
Special offer is available to create a multi-territory opportunity. The North Orlando territory is currently under a "Reservation to Purchase Option" until November 13, 2019. This option allows the current franchise owner of the South Orlando territory to exercise their right to purchase the North Orlando territory. This "Reservation to Purchase Option" originally cost the current franchise owners $20,000. As a special bonus to a qualified resale buyer, the franchise home office will grant a No Charge Six month extension on this option .
Financing:
Preferred Third Party lender (Fund My Franchise)
Support & Training:
Training is invaluable. Franchisees receive (2) two weeks of training before coming to their training facility in San Antonio for (1) one full week of hands-on training. They utilize a combination of online university training, live webcam training and in person certifications. There is approximately (3) three weeks of training.
Reason for Selling:
Seller has another expanding business that requires their full attention.
Contact Seller

Business Location


Contact the Seller

Contact Seller Loading

Business Listed By:
Al Lesko

Show Phone Number

Listing Statistics

Unlock

Demographic Information

Unlock

Real Estate Insights

Unlock

Metro Area Scores

Unlock


Ad#:1624636 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Fitness 1440

Franchise Opportunity In FL
Capital Required: $150,000