Fastest Labs of Richmond & Oakland CA

Asking Price$140,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$63,819

InventoryNot Disclosed

FF&ENot Disclosed

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Fastest Labs of Richmond & Oakland CA


Asking Price$140,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$63,819

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
At Fastest Labs, we offer accurate and detailed drug and DNA testing services.

OVERVIEW:
An exciting opportunity awaits! Introducing Fastest Labs of Richmond & Oakland, a well-established and recognized name in the laboratory and testing industry. Despite its solid foundation, there hasn't been significant sales efforts put into this location, presenting an immense growth opportunity for potential buyers.

BUSINESS DESCRIPTION:
Fastest Labs offers a wide range of services, including drug, alcohol, and DNA testing. Serving both corporate clients and individuals, this facility is known for its rapid results and exceptional customer service. The infrastructure is in place with modern equipment and a dedicated team; it’s ready for a new owner to capitalize on its untapped potential.

MARKET POTENTIAL:

Richmond and Oakland, CA: Each territory hosts more than 17,000+ businesses, Richmond and Oakland offers a broad and diverse market. From small to established industry such as Oakland sea port, the need for reliable and quick testing services is constant.

Combined, these areas hold over 31,000+ businesses, each one a potential client. Not to mention the individual testing market that has not been fully explored.


GROWTH POTENTIAL:
The real potential lies in expanding the business's reach. Current sales have been minimal due to lack of aggressive marketing and sales campaigns. The right owner, equipped with a strategic vision and a proactive sales approach, can truly capitalize on the existing demand and the prestige of the Fastest Labs brand.


REASON FOR SALE:
The current owner couldn’t dedicate the required time to initiate the business due to full-time professional career and commute. This has resulted in a situation were owner wants to pass on the strategic territory at base price.

OFFER INCLUDES:
Richmond and Oakland territory & offices

This is a turn-key opportunity. All it needs is the right entrepreneur to tap into the region’s vast potential. Dive into the fast-paced world of lab testing with Fastest Labs of Oakland and watch your investment grow.
About the Business
Years in Operation
2
Employees
2
Franchise
This business is an established franchise
Facilities & Assets
Facilities:
Franchise opened in Richmond, CA and Oakland, CA

Assets:
Tools to carry out various drug, alcohol, and DNA testing
Website
https://www.fastestlabs.com/richmond-ca/
Market Outlook / Competition
With Quest Diagnostics shifting focus from drug testing to medical testing, and competitors like Concentra and Labcorp unable to match our level of service, Fastest Labs stands out. As the largest drug testing and DNA testing franchise in the country. Fastest Labs offers unparalleled customer experience, quick turnaround times, and a seamless experience for our clients. Our commitment to quality and client satisfaction has positioned us as the leader in Oakland, making this a prime opportunity for potential franchisees.
Opportunities for Growth
Both Richmond and Oakland, CA hosts more than 17,000+ businesses respectively, and offers a broad and diverse market. Lots of opportunity to grow within territory through organic as we have not done any sales activity in last 6 months.
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
The current owner couldn’t dedicate the required time to initiate the business d
Transition Support
30 Days of training from the onsite manager and owner, along with 1-week training at franchise headquarters in San Antonio, TX. Buyer is responsible for all travel to and from San Antonio for training week.
Financing Options
Seller financing
Listing Info
ID
2227490
Listing Views
2038
Attached DocumentsAttachment Disclaimer

Richmond_and_Oakland_CA_3_.pdf


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Business Listed by: Nisheeth Gupta

Listing ID: 2227490 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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