Medical Testing Business
MED Labs
Today MED Labs is a full-fledged testing lab offering a diverse portfolio of testing services to both the business and consumer markets. They have found their franchise opportunity is best suited for middle to upper management individuals who have had 10 or more years of professional, business-to-business sales, consulting or business ownership experience.
During the first six months of operation, owners can work out of their homes selling/marketing ARCpoint MD, their tele-health service. Here, over 1,300 doctors are available 24/7 to diagnose, treat and write prescriptions via Skype, video or telephone call consultation without being face-face with the physician. MED MD is a supplemental health care program that is proven to reduce annual health expenses.
Six months later when their 1,500 sq./ft lab opens, owners can pursue any one of the following revenue opportunities. 1) Workplace testing including drug, alcohol, background screens and D.O.T. consultation; 2) Direct-to-Consumer Testing including paternity, infidelity, STD, personal genetics or other DNA testing; 3) Business-to-Physician offering multi-testing services to physicians and the medical community; and 4) Business-to-Judicial testing for the court systems including drug court, pre-trial intervention, social services, immigration, and child custody cases. Some of these services can also be conducted on-site or mobily.
Once an owner masters an area above, over time they eventually move on to the other three revenue opportunnites until they become the "local testing expert" in their market. Please note that all MED Lab's franchise owners must be U.S. citizens. (Green cards accepted)
This is a NON-INVASIVE MEDICAL BUSINESS
Financials (USD)
Asking Price $135,000
Cash Flow $50,000
Sales $150,000
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Yes
Willing to co-broke? Yes
Principals only? Yes
Franchise? Yes
Management will stay? Yes
Relocatable? No
Real Estate? No
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