Franchise Fee: $54,500
Total Investment: $198,800 - $379,720
Can Be Home Based: No
VetFran Member: Yes
ARCpoint Labs is a full-fledged testing lab offering a diverse portfolio of testing services to both the business and consumer markets. We have found our franchise opportunity is best suited for middle to upper management individuals who have had 10 or more years of professional, business-to–business sales, consulting or business ownership experience. During the first 6 months of operation, owners start as a home-based business selling/marketing ARCpoint MD, our tele-health service. Here, medical care is offered 24/7 by over 1,300 doctors via Skype, video or telephone call consultation. A medical diagnosis is provided without being face to face with the physician. ARCpoint MD is a supplemental health care program that is proven to reduce business’s annual health insurance expense. Six months later when the 1,500 sq./ft. lab opens, owners can pursue any one of the following revenue opportunities. 1) Workplace testing including drug, alcohol, background screens and D.O.T. consultation; 2) Direct-to-Consumer Testing including paternity, infidelity, STD, personal genetics or other DNA testing; 3) Business-to-Physician offering multi-testing services to physicians and the medical community; and 4) Business-to-Judicial testing for the court systems including drug court, pre-trail intervention, social services, immigration, and child custody cases. Some of these services can also can be conducted on-site with a mobile testing service. Once an area is mastered, over time owners eventually move onto the other 3 revenue opportunities until they become the “local testing expert” in their market. This is an executive model business where the owner will need to develop a small team of employees including 1099 sales reps to sell the services above. The business requires a physical lab (1,500 sq./ft.) plus the mobile testing component for on-site testing. The key reasons others have purchased an ARCpoint franchise are: (1) business is virtually impossible to duplicate; (2) lack of head to head competition; (3) requires less than 3 people to operate; (4) gross margin typically run 70% to 80% (shown in FDD); (5) the business operates 5 days per week... no weekends or holidays.