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Clinical Laboratory Testing Services Franchise For Sale

North Carolina, US
Asking Price:
On request
Sales Revenue:
$2,972,000
Cash Flow:
$812,000

The Company offers an array of lab testing services ranging from bloodwork to COVID-19 testing to drug screening. Located in North Carolina, its broad customer base includes the average insured or private paying consumer, and employers in the region. The Company is affiliated with high-quality accredited laboratory partners throughout the U.S.

The sellers will stay for a short transition period and then make a complete exit. The buyer is not required to be a M.D./D.O., however, someone will need to be brought in to serve as the Medical Director.

Investment Highlights
• Revenue grew five times in 2021 over the previous year, climbing from $538,000 to $3.2 million
• Covid testing has brought the company new exposure, popularity, and the opportunity to promote its non-Covid Services
• Low customer concentration

Property Information

Real Estate:

Lease

Location:

Located in a large shopping center in a high traffic area

Business Operation

Expansion Potential:

The company’s recent exposure and popularity due to COVID can be leveraged for the potential to market the non-covid services it offers. Additionally, it can be a good growth opportunity for a franchisee looking to run several franchises of the same type or diversifying, but also looking to be an absentee owner.

Competition / Market:

Generally speaking, the level of competition in this industry is high; operators must compete with other laboratories, physician offices, and hospitals that offer diagnostic services. The Company is a main industry player in the local geographic market.

Reasons for selling:

Health concerns

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Disclosed after NDA is signed

Other Information

Support & training:

The sellers will stay for a short training and transition period

Relocatable:
This business can be relocated.

Contact The Independence Group

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