ARCpoint Labs Franchise

Medical Drug and Lab Testing

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ARCpoint specializes in affordable Drug, Alcohol, DNA, Steroid, Background Screening and Preventive Care Wellness Testing. This multi-billion dollar testing industry continues to experience strong growth; encompassing all areas of business, government, judicial agencies, school systems, businesses and consumers. Preventive care and corporate wellness programs are the new trend in today's society. Consumers want to be better informed about their health and are looking for affordable alternatives without a physicians order. Corporations are being proactive with employee wellness programs as industry studies are proving a substantial Return on Investment with future claim expenses and costs. Companies are requiring wellness screens in order to better assess corporate insurance premiums. As we continue to expand, we're seeking franchise partners who possess a strong entrepreneurial spirit, that share our vision for achieving nationwide brand dominance in a proven system. Previous medical industry experience is not required to become an ARCpoint franchise owner.The total investment necessary to begin operation of one ARCpoint Labs Business ranges from $156,250 to $251,425, including $83,100 - $88,300 which must be paid to the franchisor or its affiliates. This includes an initial franchise fee of $49,500, $24,500 of which is attributable to the online operations of your ARCpoint Labs Business, and $24,500 of which is attributable to the lab operations of your ARCpoint Labs Business from an approved location. The total investment necessary to begin operation of 2-4 outlets under a Multi-Franchise Addendum ranges from $200,850 to $377,725. This includes $137,700 to $237,300 that must be paid to the franchisor or affiliate. Additional territories may be purchased, upon the franchisor s approval, for $34,900 each.Veteran Incentives $5,000 off training fee

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Please Note: The operators of ARCpoint Labs, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official ARCpoint Labs website.

How much does it cost to open a ARCpoint Labs Franchise ?

The investment required to open a ARCpoint Labs Franchise is between $156,250 - $377,725 . There is an initial franchise fee of $49,500 which grants you the license to run a business under the ARCpoint Labs name.

Individual Franchise Costs

  • Initial Investment:
    $156,250 -
  • Initial Franchise Fee:
    $49,500
  • Royalty Fee:
    7%
  • Advertising Fee:
    2%
  • Term of Agreement:
    10 years

Expense In-House Third Party
Franchise Fee N/A Yes
Startup Costs N/A Yes
Equipment N/A Yes
Inventory N/A Yes
Accounts Receivable N/A Yes
Payroll N/A Yes

Training
Classroom Training ARCpoint Labs University classroom training takes place over a period of 5 days, Monday through Friday, at corporate headquarters in Greenville, SC. Prior to attending ARCpoint Labs University, you will receive the ARCpoint Labs video training series containing approximately 18 hours of instruction on various drug testing and DNA methodologies. After completing the video training, you will take an online exam and be ready to delve more deeply into industry requirements and regulations once you arrive in Greenville. Training consists of: • Reviewing drugs of abuse and testing methodologies • Identification of target markets, sales techniques and marketing strategies • Completion of DOT compliant training • Introduction to drug testing software • Administration and office procedures • Clinical testing and worksite (corporate) wellness On-Site Lab Training While at corporate headquarters attending ARCpoint Labs University, you will have the opportunity to put your training into action. You will spend time at our affiliate lab (in Greenville, SC) shadowing, performing drug tests and learning proper lab procedures and protocols. ARCpoint Labs Training At Your Location When you re ready to open your business, an ARCpoint Labs operational team member will visit your lab location for comprehensive operations training to include: • Office configuration and work flow • Document management • Regulatory compliance • ARCpoint Labs established protocols • Best practices On-The-Job Training: 32 hours Classroom Training: 78 hours Additional Training: Online training

Support
As an ARCpoint franchisee, you will have the support of a management team with 20 years of experience and expertise in this niche industry. We will support you in territory mapping analysis and site selection, third party financing, lease review, and office design and set up as well as: Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform

Marketing
Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing

ARCpoint Labs Growth History

When did the first ARCpoint Labs open? 2005
When did ARCpoint Labs start Franchising ? 2005

Number of Employees Required to Run: 2

- Strong entrepreneurial spirit - Share our vision of nationwide brand dominance - Previous medical industry experience is not required The financial qualifications to purchase a franchise can vary based on the area where you want to operate. First and foremost, you must have good credit and borrowing capacity. At a minimum, you should have a net worth of $350,000, liquid assets of no less than $50,000, and a credit score above 700. ARCpoint Franchise Group makes available a list of third party resources to assist with financing if needed.

Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming



How much does a ARCpoint Labs Franchise owner make?

How much money you could make as a ARCpoint Labs Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a ARCpoint Labs Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$49,500 - $377,725
Initial Franchise Fee
$49,500
Royalty Fee
7%
Advertising Fee
2%
Term of Agreement
10 years

Sister Companies

ARCpoint Labs Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for ARCpoint Labs and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a ARCpoint Labs franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.