Two-Territory Drug, Alcohol, DNA Testing Franchise-Summit County

Cuyahoga Falls, OH (Summit County)

Seller Financing Available
Two-Territory Drug, Alcohol, DNA Testing Franchise-Summit County
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Asking Price: $239,000

Cash Flow: $63,000

Gross Revenue: $339,000

EBITDA: N/A

FF&E: $15,000

Inventory: $1,500*

Rent: $1,330 /Month

Established: 2013

*not included in asking price.

Two-Territory Drug, Alcohol, DNA Testing Franchise-Summit County

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Business Description

Turnkey, resale of a very well-established and profitable provider of drug, alcohol, background screening, DNA and clinical testing services, both at facility and onsite at customer’s location. Nationwide leader in Drug, Alcohol, DNA testing and Background screening and among the fastest growing Third Party Providers in the drug and pre-employment screening industry. This business provides the most comprehensive list of screening services and paramedical exams to small and medium sized companies and surrounding government agencies within its local market that are cutting edge in technology and up to date with the latest trends and improvements within the industry. Drug and alcohol testing for industry, personal, and mandated federal or state testing. DNA testing-Paternity, Immigration, Genealogy, Fidelity, and Prenatal. Physical exams for insurance companies, blood draws and testing. Consortium services for FMCSA compliance. On site and after hours service offered.

Offered for immediate sale at a fraction of the typical investment required to open a similar drug testing business from start-up, the sale price includes two protected territories and all franchise transfer and training fees and full training provided by the franchisor.

For more information on this growing, low cost business acquisition opportunity, please contact the listing broker via this website to request a confidentiality agreement. Buyer will need to qualify with the franchise company prior to acquisition. Franchise company does not allow for absentee or semi-absentee ownership.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
840
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2-story professional building with multiple other businesses.
Competition:
This business provides the most comprehensive list of screening services and paramedical exams to small and medium sized companies and surrounding government agencies within its local market that are cutting edge in technology and up to date with the latest trends and improvements within the industry.
Growth & Expansion:
A new consumer testing focused service just being added as a brand new service should result in double-digit growth in revenues and profitability in coming months and years. In addition, this business owns a second territory that has yet to be developed. It has a few customers that it services in this territory today, but no sales or marketing efforts in this market to date. Because of it being contiguous to the existing location, it can in the short-term be serviced from the current location. However, establishing a location in the future in this territory provides another avenue for significant revenue growth.
Financing:
Dependent upon buyer strength
Support & Training:
Full training provided by the franchisor included in the asking price.
Reason for Selling:
Owner's death
Franchise:
This business is an established franchise
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(from currently available funds)
 
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James King

Business Listed By:
Jim King

King & King Business Advisors

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