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Reliable Drug Testing Facility In Southwest Houston For Sale

Texas, US
Asking Price:
$119,814 Furniture / Fixtures included
Sales Revenue:
$255,232
Cash Flow:
$22,217

This franchise drug and alcohol, D.O.T., and medical testing lab is located in Southwest Houston. Owners are selling not only their Southwest Houston franchise territory with the existing profitable lab business but also their Galleria-based franchise territory (which includes zip codes in the Houston Med Center) that has yet to be developed. There is an added cost for this territory.

Much of the lab’s business is through partnerships/contracts with large Houston-area and national employers. They also market to and work with local area physicians/clinics to assist with their testing needs. In addition, they service many direct, cash-pay patients, and hold contracts to bill private insurance such as United, Blue Cross, and Molina.

This business is in a high-traffic, easily accessible strip center and has some room to grow at its current location. It is owner-managed daily, with four full-time employees, and one part-time contractor. The lab holds a CLIA Waiver from the State of Texas.

The national franchise brand has a very positive reputation as well and is known for being quick, reliable, and affordable. Franchisor consent is required to purchase the business. Franchise discovery day and one week of training are included. Franchisor also assists with marketing and networking.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $2,500.00

Square Units (Foot, Meter): 1,500

Lease Expiration Date: May 31, 2026, 10:00:00 PM

Business Operation

Expansion Potential:

This is a well-established business supported by a well-respected national franchise. With one profitable lab already located in a populated, high-traffic area of Southwest Houston, and another franchise location available for development in the Houston Medical Center, the business is extremely well-suited for growth and success in two locations.
Growth is possible with further strategic marketing direct to local employers, local clinics, and medical providers. The addition of testing directed toward Immigration Services, D.O.T. physicals, and other direct to public services (such as medical labs, infusions, and injections) all offer opportunities for serious growth. The demand for existing and new testing services is broad and will certainly allow for continuous growth well into the future.

Competition / Market:

- The already high demand for the services provided by the lab, including its newly expanded personalized medical services, continues to increase.
- Direct marketing to many nearby large employers has guaranteed a steady flow of clientele.
- The existing lab is located in a strategic, high-traffic location, near major highways in a growing metropolitan area.
- A second franchise location in the Galleria, including zip codes within the Houston Medical Center, can be paired with the sale.
- This well-established business has dedicated employees who will remain on board.
- Marketing dollars are well-spent with the support of the national franchise and other regional, related franchise owners.

Reasons for selling:

Retirement

Trading hours:

Mon - Fri, 8am - 5 pm

Employees:
7
Years established:
2018

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 2

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$37,400 - included in the asking price