Drug testing
Business Description
Established drug testing company serving the Aurora, Colorado market for over two decades. This franchise operation, founded in 2000, generates $220,000 in annual revenue while maintaining a strong position in the growing drug testing industry.
Business Overview:
This owner-operated drug testing facility provides comprehensive testing services including pre-employment screening, court-ordered testing, and divorce/custody related testing. The company operates from a busy office location and has built an extensive client base over 27 years of continuous operation.
Key Business Features:
- Four locations serving the greater area
- Proprietary random testing system
- Contracts with 8 different laboratories
- Established relationships with courts, employers, and legal professionals
- Strong regulatory compliance record with state authorities
- Diverse revenue streams from multiple testing categories
Market Position:
The business operates in a market with consistent demand, as drug testing remains essential for employment screening, legal proceedings, and compliance requirements. The company's long-standing presence and established client relationships provide a solid foundation for continued operations.
Growth Potential:
The seller indicates multiple expansion opportunities available for discussion with qualified buyers. The established infrastructure and client base provide a platform for potential growth initiatives.
Owner Support:
Comprehensive transition support includes 30 days of full-time training, complete transfer of laboratory accounts, and year-long consultation availability. The extensive training program ensures continuity of operations and client relationships.
Financial Structure:
Asking price of $240,000 with seller financing available requiring minimum 50% down payment. The business demonstrates stable revenue generation with established cash flow from recurring client contracts.
Reason for Sale:
Owner retirement after successful long-term operation.
This represents an opportunity to acquire an established business in the essential services sector with proven revenue history, comprehensive training support, and potential for expansion.
Business Overview:
This owner-operated drug testing facility provides comprehensive testing services including pre-employment screening, court-ordered testing, and divorce/custody related testing. The company operates from a busy office location and has built an extensive client base over 27 years of continuous operation.
Key Business Features:
- Four locations serving the greater area
- Proprietary random testing system
- Contracts with 8 different laboratories
- Established relationships with courts, employers, and legal professionals
- Strong regulatory compliance record with state authorities
- Diverse revenue streams from multiple testing categories
Market Position:
The business operates in a market with consistent demand, as drug testing remains essential for employment screening, legal proceedings, and compliance requirements. The company's long-standing presence and established client relationships provide a solid foundation for continued operations.
Growth Potential:
The seller indicates multiple expansion opportunities available for discussion with qualified buyers. The established infrastructure and client base provide a platform for potential growth initiatives.
Owner Support:
Comprehensive transition support includes 30 days of full-time training, complete transfer of laboratory accounts, and year-long consultation availability. The extensive training program ensures continuity of operations and client relationships.
Financial Structure:
Asking price of $240,000 with seller financing available requiring minimum 50% down payment. The business demonstrates stable revenue generation with established cash flow from recurring client contracts.
Reason for Sale:
Owner retirement after successful long-term operation.
This represents an opportunity to acquire an established business in the essential services sector with proven revenue history, comprehensive training support, and potential for expansion.
About the Business
- Years in Operation
- 26
- Employees
- 1 Part-time
- Franchise
- This business is an established franchise
- Website
- http://www.wiz-quiz.com
- Market Outlook / Competition
- Always a need for drug testing.
- Opportunities for Growth
- Many growth opportunities I would discuss with dedicated buyer
About the Sale
- Seller Motivation
- retiring!
- Transition Support
- We use 8 different labs and have many contracts. We offer 30 days full time training including moving all the lab accounts over to the new owner the first 30 days. We will be on-call for any questions for the rest of the year.
- Financing Options
- Minimum of 50% down
Listing Info
- ID
- 2303581
- Listing Views
- 18
Business Location
Listing ID: 2303581 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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