Profitable, Established Lab Testing Biz Ready for Expansion
ARCpoint Labs franchise for sale in Howard County, Maryland
List Price: $150,000 USD
Key Facts
Annual Gross Revenue
$179,765 USD
Cash Flow
$25,000 – $50,000
Seasonal Business
No
Value of Inventory
Less than $25,000
Value of Assets
Less than $25,000
Year Established
2017
Business Operates From
A retail location
Location Is
Leased
Approx. Monthly Rent
$3,000
Total Employees
Less than 10
1–3 MonthsTransition
Support
SomewhatPrice/Terms
Flexibility
SomeSeller financing Available
Part-timeOwner
Involvement
About this Business
This established testing lab is a prime opportunity to own a respected business in a booming, recession-resistant industry. Since 2017, this lab has evolved from drug and DNA testing to offering a broad range of clinical services. During the pandemic, it delivered in-house COVID-19 testing and has since added phlebotomy and unique offerings like serum-based eye drops for chronic eye conditions.
Over the past 12 months, the business generated $179,765 in revenue and $46,393 in Seller’s Discretionary Earnings (SDE). Its standout performance during the pandemic shows the potential for this business to thrive when healthcare needs shift.
Revenue streams include employer drug testing, legal DNA testing, and clinical services. Growth potential is significant, with opportunities to market drug testing to DOT-regulated companies and expand DNA testing for legal and immigration purposes. A recent partnership with Any Lab Test Now further enhances clinical service offerings, opening doors to new revenue streams and broader market reach.
The lab also boasts a 4.8-star rating on Google, reflecting its strong reputation and commitment to excellent customer service. Located in a densely populated area between Baltimore and Washington, D.C., this lab benefits from proximity to major transportation hubs and a large base of businesses and consumers. The current owner works part-time, handling managerial tasks like accounting and ordering supplies, while an experienced lab technician manages daily operations. No medical experience is required, making this a turnkey opportunity.
With a strong foundation, excellent reputation, and clear paths for growth, this business is ready for a new owner to take it to the next level. Inquire now for NDA and to learn more!
Growth opportunities
This Columbia/Elkridge location offers significant growth potential in a densely populated area with a high concentration of businesses. Opportunities include marketing drug testing to DOT-regulated companies, expanding DNA testing for legal and immigration purposes, and providing affordable clinical services for uninsured or high-deductible patients. A new partnership with Any Lab Test Now enhances clinical offerings and opens new revenue streams. Marketing or sales skills would be a plus to fully capitalize on these opportunities.
Owner's Day-to-Day Involvement
The owner works approximately 25 hours per week, focusing on managerial duties such as overseeing daily operations, handling accounting, ordering supplies, and managing lab technicians. Occasionally assists with sample collections and phlebotomy as needed.
Asset Description
The sale price includes all of the assets required for running the business, which includes: computers, printers, security system, storage, tables, chairs, and a lobby TV. Also included are various testing machines, such as breath alcohol machines, and other testing equipment. These materials are valued at about $25,000. The franchise's inventory is also included and contains assorted medical and testing supplies valued around $500 any given time.
Inventory Description
The franchise's inventory is also included and contains assorted medical and testing supplies valued around $500 any given time.
Reason for Selling
Retirement
Why I Love My Franchise
Seller loves the opportunities to grow the business especially with clinical services. This is a new opportunity with this franchise as the franchisor has invested in trying to grow the clinical aspect of this business. This has created a lot of avenues to market and grow this part of the business.
About ARCpoint Labs
ARCpoint Labs is a dynamic franchise opportunity that merges innovation, accessibility, and profitability. The brand is dedicated to empowering individuals, businesses, and communities with cutting-edge health and wellness solutions, revolutionizing the decision-making process in well-being. With seven revenue streams across four market segments—Employer Testing, Legal/Judicial Solutions, Physician Solutions, and Personal Solutions—ARCpoint Labs offers a robust business model that thrives even in challenging economic climates.
Since its inception in 1998 and the launch of its franchising program in 2006, ARCpoint Labs has grown to over 100 franchises nationwide, establishing itself as a leader in the rapidly expanding healthcare and medical franchise markets. Ideal for franchisees who are adaptable and agile, ARCpoint Labs continues to evolve alongside advancements in technology and healthcare.
Franchisee Support
ARCpoint Labs provides comprehensive support to its franchisees, starting with a one-week in-person training at the corporate office, Sandler Sales training, and ongoing virtual education. Franchisees also receive guidance on necessary certifications, a dedicated Onboarding Project Manager, and a Franchise Business Consultant for continuous support. Ongoing resources include monthly webinars, updated industry insights, and an annual conference that fosters learning and collaboration among franchise owners.
Brand Accolades & Awards
ARCpoint Labs has garnered several prestigious rankings over the past decade, reflecting its excellence in the industry. The brand has consistently appeared on the Entrepreneur Franchise 500 and Inc. 5000 lists, ranking #1 in Laboratory Services in 2018 and 2017. ARCpoint Labs has also been recognized as one of the fastest-growing privately held companies by Inc. 5000 in 2014, underscoring its strong growth trajectory and market leadership.
Industry / Market
ARCpoint Labs operates in a rapidly growing sector with significant market opportunities. The drug abuse testing market alone has a capitalization of $4.6 billion, complemented by surging demand for wellness, DNA, and allergy testing. This growth is particularly actionable in regions rich with medical facilities and large employers. A targeted marketing campaign can quickly capitalize on this demand, while cross-selling complementary services to existing clients can further maximize revenue.
Ideal Owner
The ideal ARCpoint Labs franchisee is a versatile entrepreneur who embraces change and thrives in dynamic environments. With a reliance on professional relationships with employers, physicians, and legal courts, the franchisee should have a strong business background in sales, marketing, operations, finance, or general management. Networking and leadership skills are crucial for running a successful operation, making this an ideal opportunity for those with experience in business and a passion for innovation.