ARCpoint Labs - Franchise
ARCpoint Labs is the fastest-growing medical testing franchise in the U.S. We have not only positioned our franchise owners to take advantage of growing drug and alcohol testing especially since approximately 75% of all small to medium-sized businesses have never considered testing their employees, but we also offer business to consumer and business-to-business wellness programs to capitalize on the 34 million additional people that will enter the healthcare system in the U.S. when the Affordable Care goes into effect.
What Does an ARCpoint Labs Franchise Cost?
To buy a franchise with ARCpoint Labs, you'll need to have at least liquid capital of $100,000 and a minimum net worth of $400,000. Franchisees can expect to make a total investment of $198,800 - $379,720. ARCpoint Labs charges a franchise fee of $54,500. They also offer financing via 3rd party as well as a discount for veterans. *
Requirements
Financial requirements for this franchise:
Liquid Capital: | $100,000 What does Liquid Capital mean? |
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Net Worth: | $400,000 What does Net Worth mean? |
Franchise Fee: | $54,500 What does Franchise Fee mean? |
Total Investment: | $198,800 - $379,720 What does Total Investment mean? |
Options
Options available to franchisees:
Financing: | Via 3rd party |
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Training: | Available |
Veteran Discount: | Yes; $5,000 |
Franchisor Details
Facts about this franchise:
Total Units: | 107 |
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Home Office: | Greenville, SC |
Year Founded: | 1998 |
Franchising Since: | 2010 |
Welcome to ARCpoint Labs, the Nation’s leader in drug, alcohol, DNA, steroid, employment/background screens and wellness testing. Among the fastest growing Third Party Providers in the drug screening industry, we provide the most competitive list of screening services that is innovative in technology, keeping up with the latest trends and improvements in the industry.
Not only do we stay on the cutting edge of innovation, but we also keep it free of hassle for our customers, providing our testing on-site, off-site or mobile. Whatever testing or screening needs your customers may have, ARCpoint Labs will equip you with the tools to meet them with accuracy, reliability, and confidentiality.
Medical Screening: An Excellent Business Opportunity
ARCpoint Labs is founded on the spirit of an entrepreneur – the desire to make a difference in the world. Owning an ARCpoint Labs business can bring many opportunities that can enable you to make a difference in the lives of family, friends, customers and even your own.
Why ARCpoint Labs?
ARCpoint Labs is a full-service national third-party provider/administrator providing Accurate, Reliable, and Confidential drug, alcohol, DNA, steroid testing, and employment/background screening as well as clinical and corporate wellness programs. The company is nationally recognized and a corporate member of the Drug and Alcohol Testing Industry Association (DATIA) and Substance Abuse Program Administrators Association (SAPAA). ARCpoint Labs has been in the drug and alcohol testing business for over eighteen years and has over sixty years of combined staff experience. ARCpoint Labs currently has over 107 operating locations (over 200 territories sold) covering 31 states.
High Margin, Low Overhead
- Low cost entry with minimal inventory
- Large volume purchases with a national distribution network
- Small office footprint
- Small staff - only requires one full time and one part time employee
ARCpoint Labs – A Needed Solution
ARCpoint Labs franchises meet a growing cultural need. With 18 years of experience in drug, alcohol and wellness testing, we came to realize the following situations would create a need for more ARCpoint Labs throughout the United States:
The absence of a national brand dedicated to drug and alcohol testing.
The growing need for a nationwide network of testing facilities that could meet the demands of all organizations looking to third-party drug testing vendors.
The changing and increasing regulations of the Department of Transportation (D.O.T.); testing that required compliance experts to specialize in these areas.
- The necessity to offer both in-lab, mobile and on-site lab testing.
- The opportunity to obtain national account business. (Third Party Administrators)
Ideal Candidate - Qualification Requirements
- A minimum net worth of $400K.
- A personal credit score above 710.
- No personal or business bankruptcies within the last 5 years.
- Strong communicator and relates well to others.
- Possesses a desire to build strong relationships with customers.
- Has the potential to manage a small group (two to four) of employees.
- Focuses on training and motivating to create operational efficiency.
Join The Growing Ranks Of ARCpoint Labs - Make A Difference
ARCpoint Labs has established a superb reputation as an accurate, reliable and confidential screening organization. From the beginning, we’ve “hung our hat” on the areas of drug and alcohol screening and have now expanded into health/wellness testing. As part of the ARCpoint Labs team you will be among the leaders in providing screening in the multi-billion dollar lab testing industry.
Funding is available through the SBA.
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Awards
ARCpoint Labs has received the following awards and acknowledgements:
Franchise Times Magazine – TOP 55 FASTEST GROWING FRANCHISES, Entrepreneur Magazine – FRANCHISE 500 – 2012,2013, 2014, Business World Magazine October 2012 – Entrepreneur 500, 2015, 2016, plus in 2017 named #1 in Lab and Testing Category
Availability
ARCpoint Labs is currently accepting inquiries from the following states:
Alabama, Arkansas, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Illinois, Indiana, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, North Carolina, New Hampshire, New Jersey, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Vermont, Wisconsin, West Virginia
Interested parties should have at least $100,000 in liquid capital to invest.
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