Clinical Laboratory Testing Services Franchise

Not Disclosed, NC

Asking Price: Annual Revenue:
Not Disclosed $2,972,000

Services: Medical, Dental

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RE: Clinical Laboratory Testing Services Franchise Broker: Janet Scherr

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $2,972,000
Net Profit: Not Disclosed
Cash Flow: $812,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 835627342
Broker Reference #: LabTest

Email or Print Listing

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Business Overview:

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

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Property Features and Assets:

Located in a large shopping center in a high traffic area

Market Competition and Expansion:

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. Tthe Company is a main industry player in the local geographic market. 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.

Reason for Selling:

Health concerns

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

Relevant Links:

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