Lab Testing Franchise-Priced Less Than New
Glen Allen, VA Henrico County
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- RE: Lab Testing Franchise-Priced Less Than New
- Contact: Buyer Services
Quick Facts
| Asking Price: | $69,000 | |
| Annual Revenue: | $234,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $85,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $85,294 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2020 | |
| Employees: | 3 | |
| BBN Listing #: | 997040 | |
| Broker Reference #: | VA-ALTN-GLEN ALLEN |
Business Overview:
Cash buyers only! Must close asap!
Own this award-winning premier lab testing franchise for a fraction of the cost to start new! The Any Lab Test Now business model meets the needs of the health-conscious consumer, allowing them to walk right in, get a retail lab test completed within 15 minutes, and get results in as little as 24 hours. It’s discreet, fast, convenient, and without insurance co-pay hassles.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
1100 sq ft. end unit within a strip mall shopping plaza. It has an outdoor terrace.
It has a new buildout which includes the newest franchise upgrades.
Market Competition and Expansion:
This business is different from its competitors because of the excellent customer service. Skilled staff are trained to provide the best service possible to the customers, evident in the many 5-star reviews earned at this location. This franchise location participates in many community service initiatives. As a lab scientist, the current owner has been well positioned to growing the business by upselling customers with lab tests and to give a complete picture of customers overall health. The owner has trained the staff to do the same.
There is an expected increase of 20% in the annual growth rate over the next 5 years due to an increase in the public's awareness since COVID-19. More people are health conscious and are looking for convenient lab testing services not covered by insurance. Opportunity to increase B2B revenue as more small businesses are in need of pre-employment drug testing.
Reason for Selling:
Must sell due to family health issues. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
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