Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Thriving Lab Franchise In Rhode Island For Sale

Rhode Island, US
Asking Price:
$149,000
Sales Revenue:
$100,000
Cash Flow:
Not applicable

Are you ready to step into a thriving turnkey operation in the fast-growing drug and DNA testing industry? We are offering an exceptional opportunity to acquire a well-established lab franchise operating across three lucrative territories. This non-medical testing franchise specializes in rapid drug and DNA testing, catering primarily to employers and legal professionals for pre-employment and ongoing employee testing.
Key Highlights: Established Presence: You will be taking over a fully operational business with a strong existing client base in Northern Rhode Island and Massachusetts. Skilled Team: The franchise is staffed with four dedicated lab testing employees, including two full-time and two part-time workers. The team is led by an experienced manager and a marketing specialist, ensuring smooth operations and ongoing client engagement.
Owner Operated: This opportunity is ideal for a full-time owner eager to drive and expand the business further. Your direct involvement will be instrumental in taking this business to new heights. Affordable Investment: The territories are available for $59K each, with build-out costs for new setups ranging from $60K to $75K. Acquiring this existing operation offers a significant cost advantage over starting new territories from scratch. Flexible Financing: To facilitate a smooth transition, the seller is offering an attractive financing option with 50% down and 50% seller financing. This is a rare chance to own a franchise in a sector with high demand and growth potential. Don’t miss out on this key turnkey operation that promises not only returns but also a fulfilling entrepreneurial journey. Act now! Contact us today to request a Non-Disclosure Agreement (NDA) and learn more about this exciting business opportunity. This is your chance to become a leader in a fast-evolving industry while making a significant impact in your community.

Property Information

Premises Details:

This has 3 locations. Seller is active with 2FT and 2PT employees. Hours of operation are 9AM–5PM Monday-Friday, 10AM–3PM Saturday. $5,000 in inventory included in the asking price.

Business Operation

Reasons for selling:

Seller is moving to Florida

Trading hours:

9am-5pm Mon-Fri, 10am-3pm Sat

Employees:
4
Years established:
1

Other Information

Support & training:

14 days

Inventory / Stock value:
$5,000