NOT DISCLOSED, California
| Asking Price |
$150,000 |
Year Established |
2024 |
|
| Annual Revenue |
$93,292 |
Reason for Selling |
Family Matter |
|
| Annual P/L |
$0 |
Attention |
Tianyu Wang |
|
| Annual Cash Flow |
$0 |
Listing Number |
1007023 |
|
| # of Employees |
1 |
Business Category |
Retail: Health, Beauty, Nutrition |
|
Business Overview:
This is a rare opportunity to acquire a fully built-out, operational Fastest Labs franchise at a fraction of the cost and time required to start a new location from scratch. Backed by a highly recognized and rapidly expanding national franchise brand, this facility provides essential, high-margin B2B testing services to corporate clients and local businesses.
The Deal Structure: This is an asset sale that includes two distinct franchise territories:
Territory 1 (Operational): A fully equipped and staffed, turnkey 1,238 sq. ft. clinical testing office currently servicing blue-chip corporate clients.
Territory 2 (Undeveloped): The exclusive franchise rights to an adjacent, highly desirable territory, offering immediate runway for future expansion.
The Opportunity: This location was originally opened as part of a multi-territory development plan. While the current owners have achieved high profitability in their primary operating region, this specific geographical territory has been run on a completely absentee basis due to family circumstances and physical distance.
Currently operated by a single full-time manager, the location is underperforming. It represents the perfect turnaround opportunity for a hands-on owner-operator. A new owner can immediately improve the bottom line by replacing the manager to recapture payroll expenses, while actively networking in the community to drive local B2B sales.
By acquiring this existing Fastest Labs location, a buyer completely avoids the 6-to-12-month delay and heavy capital expenditure of finding commercial real estate, navigating city permitting, and building out a facility from the ground up. The business operates out of a highly professional commercial office space with a very favorable lease rate of just over $2000 per month (valid through 2029).
No specialized medical or laboratory licenses are required for ownership, as the business operates under an established national franchise system. If you have general business management and B2B sales skills, this is a turnkey launchpad into the lucrative drug and alcohol testing industry.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity